24 August 2015
PRS for Music signs new two year deal with Spotify
PRS for Music confirms it has agreed a new two year multi-territory licensing deal with music streaming and subscription service, Spotify.
Continuing the ongoing relationship between the pair, the recent deal allows the music streaming and subscription service to continue to offer its users a vast bundle of repertoire in the UK and Ireland (including repertoire from over 100 affiliated societies from around the globe), plus PRS for Music’s and IMRO’s direct members’ repertoire across Europe.
The repertoire PRS for Music licenses to Spotify across Europe further includes musical works represented by a growing number of IMPEL publishers. IMPEL currently represents the rights of 40 leading independent publishers, a number that is anticipated to grow further before the end of the year.
The new deal is part of PRS for Music’s continued commitment to support and licence streaming services to ensure that its members are fairly remunerated for their works.
Ben McEwen, PRS for Music’s Head of Online said: “We are excited to continue working with Spotify, a relationship that allows millions of users across the globe to enjoy our members’ repertoire. The prodigious growth of Spotify is helping to shape a strong future for dynamic, legitimate streaming services, and we support this thriving online market that recognises and remunerates the works of the creator.”
James Duffett-Smith, Spotify's Global Head of Publisher Relations, said: "We are very happy to be able to announce the continuation of our successful relationship with PRS for Music. We very much appreciate the ongoing support of PRS for Music and the fantastic publishers and songwriters they represent, and look forward to continuing to build a sustainable future for the creators at the heart of the music industry."
About PRS for Music
PRS for Music represents the rights of over 125,000 songwriters, composers and music publishers in the UK. As a membership 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 over £4.1bn PRS for Music is uniquely placed to be a voice for music and music creators. Collecting £537.4m in 2015, PRS for Music is one of the world’s most efficient combined rights organisations. With over 100 representation agreements in place globally, PRS for Music's network represents over two million music creators.