Robert Ashcroft statement on the EU Copyright Directive final text
PRS for Music Chief Executive welcomes news of a final text
After five years of hard work, the news that we have a final text is a welcome relief for all involved. This Directive has generated an unprecedented level of debate and a wave of misinformation from the open internet lobby, so I commend all of those who have battled through it to arrive at a text to put to the European Parliament.
Our mission has only ever been to achieve a fair and functioning digital market and, as a result, fair reward for creators. Subject to final scrutiny of the text and the forthcoming vote in Parliament it looks today as though we are going to achieve our aim.
About PRS for Music
PRS for Music is a world-leading music collective management organisation representing the rights of more than 165,000 talented songwriters, composers and music publishers around the globe. Headquartered in the UK, it works diligently on behalf of its members to grow and protect the value of their rights. With a focus on innovation and integrity, PRS for Music is redefining the global standard for music royalties to ensure creators are paid whenever their musical compositions and songs are streamed, downloaded, broadcast, performed and played in public. In 2022, PRS for Music collected £964m and paid out £836.2m in royalties. prsformusic.com