Monday 25th January 2010
Breakthrough year for pan-European deals
2009 witnesses 12 key deals for UK collection society.
PRS for Music have announced that 2009 was a breakthrough year for pan-European licensing deals. 12 key deals were signed during the year with many of the largest online and mobile providers and further negotiations are ongoing with a range of high profile digital service providers for 2010.
During 2009 PRS for Music has concluded licensing agreements for European services including: Amazon, Apple iTunes, eMusic, Napster, Nokia, Omnifone, Real Networks and Spotify. Deals in place have supported a significant expansion of the European online music market, bringing choice to consumers in a number of countries across the continent.
These licensing deals include those covering the mechanical rights of Peer Music, Chrysalis Music Publishing, as well as those covering the rights of Warner Chappell where PRS for Music has been selected as the licensing body of choice as part of their PEDL initiative. The series of European deals is expected to a have a noticeable positive impact on revenue figures for 2009 when they are confirmed during quarter 1.
Andrew Shaw, MD Broadcast, Online & Recorded Media, PRS for Music said “2009 has been a record year for deals at PRS for Music and we’re delighted to be playing such an active role in pan-European licensing. By expanding the repertoire we offer and being a leader in the market we are finding more licensees are coming to us to launch their European digital music services.”
ENDS
For more information, get in touch:
Nicola Formoy, Public Relations Manager:
nicola.formoy@prsformusic.com
02073064229 / 07539 837436
Clare Goldie, Press Officer
Clare.goldie@ppluk.com
0207 5341121 / 07834 645268
PRS for Music:
PRS for Music represents 70,000 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 £3.9bn PRS for Music is uniquely placed to be a voice for music and can provide data and comment for all aspects of the business: live, broadcast, sales, online, touring and music creation and up to date analysis, research and trends about the industry.
www.prsformusic.com
www.myspace.com/prsformusic