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PRS for Music Response to EU Framework Directive on Collective Rights Management

 

Robert Ashcroft Chief Executive PRS for Music said:
“The Commission has outlined a new framework for consistent and high standards for transparency and accountability to the members that we welcome as the route to building further confidence in collective management.  We also like the standards-based approach to data and processing capability to support multi-territory licensing, because it will provide the incentives for the market to develop and aggregate on a voluntary basis.”     

 
 “As a membership society, owned by its members and governed by a board of directors elected by its membership, PRS for Music has always set the standard for good governance and will continue to do so.”

 

Notes to editors:

  • In 2011 PRS for Music distributed £557.2m to its membership
  • Royalties collected are paid out quarterly and on average take 6 months to reach members
  • PRS for Music is governed by a board of writer and publisher directors elected from amongst its membership
  • PRS for Music represents the rights of 90,000 songwriters, composers and music publishers in the UK and through its international network a further 2 million music creators
  • PRS for Music has led the way in licensing in online music services and in 2011 issued 71 online music licences, 17 of which were on a pan-European basis

 

  • Full accounts and a financial overview can be viewed here www.prsformusic.com/aboutus


For more information, get in touch:

Olivia Chapman, Media Relations Manager
olivia.chapman@prsformusic.com
02073064229 / 07939449333


Barney Hooper, Head of PR:
barney.hooper@prsformusic.com
02073064548 / 07979 757052

 

PRS for Music
PRS for Music
represents the rights of 90,000 songwriters, composers and music publishers in the UK.  As a not-for-profit organisation it ensures creators are paid whenever their music is played, performed or reproduced; championing the importance of copyright to protect and support the UK music industry.  The UK has a proud tradition of creating wonderful music that is enjoyed the world over and PRS for Music has been supporting the creators of that music since 1914. 

PRS for Music provides business and community groups with easy access to over 10m songs through its music licences.  In an industry worth £3.8bn PRS for Music is uniquely placed to be a voice for music and music creators.   Collecting £630.8m in 2011 PRS for Music is one of the world’s most efficient combined rights organisations.   With 150 representation agreements in place globally, PRS for Music’s network represents over 2 million music creators. 

www.prsformusic.com
www.m-magazine.co.uk
 

 

 
 
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PLEASE NOTE: On 1 July 2013 the legal entity behind the PRS for Music brand changed its registered name from The MCPS-PRS Alliance Limited to PRS for Music Limited.