2016
The Performing Right Society (PRS) achieved record financial results for 2016. Royalties paid out to our members for the public use of their musical works exceeded half a billion pounds for the first time in UK music history, reaching an all-time high of £527.6m, up 11.1% (52.5m) year-on-year.
PRS achieved record high royalty revenues of £621.5m, which on a constant currency basis represents 10.1% growth on 2015. All of the four main revenue streams achieved growth or remained stable.
- Milestone reached as £527.6m is paid out in royalties to songwriters, composers and music publishers
- Revenues up 10.1% year-on-year to £621.5m
- 33% more music creators receive royalties
- Royalties paid out on a record 4.2 million works
- 4.3 trillion performances of music reported worldwide – a data volume increase of 80%
NB: All income revenue figures are shown on a constant currency basis
| £million | 2016 | 2015 | % |
|---|---|---|---|
| International | 233.7 | 195.6 | 19.5 |
| Public Performance | 183.2 | 175.2 | 4.6 |
| Broadcast | 124.1 | 124.2 | -0.1 |
| Online | 80.5 | 42.4 | 89.9 |
| Total | 621.5 | 537.4 | 15.6 |
| Revenue on a constant currency basis | 621.5 | 564.3 | 10.1 |
Read the details
You can read the full details of our performance in 2016 in the following PDF reports.
