‘We need the government and global organisations to understand the importance of copyright protection across the music community, especially considering the expansion of AI. We need to stand together.’ BDI MUSIC LIMITED founder and managing director Sarah Liversedge tells us about the challenges facing the music publishing industry, working with Ed Sheeran and why emerging songwriters need to be nurtured. https://lnkd.in/eUubj5He
About us
PRS for Music represents the rights of songwriters, composers and music publishers in the UK and around the world. As a membership organisation it works to ensure that creators are paid whenever their musical compositions and songs are streamed, downloaded, broadcast, performed and played in public. In 2022, we collected a record £964m and paid out £836.2m in royalties to our members, making PRS one of the world’s leading music collective management organisations.
- Website
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http://prsformusic.com
External link for PRS for Music
- Industry
- Musicians
- Company size
- 501-1,000 employees
- Headquarters
- London
- Type
- Nonprofit
- Founded
- 1914
- Specialties
- Copyright, Music Royalties, Music Industry, Data, Innovation & Technology, and Customer Service
Locations
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Primary
2 Hays Lane
1st Floor, Goldings House
London, SE1 2HB, GB
Employees at PRS for Music
Updates
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In the latest edition of Music Business Worldwide (MBW), our Chief Commercial Officer Dan Gopal shares PRS’s transformational approach to licensing music. He also draws on our evolving approach to meeting businesses, consumers and music creators needs whilst ensuring all parties are helping to support new and existing talent. Read the full article: https://lnkd.in/dJAJ2G-T
‘Music licensing is the bridge which connects creators and users – a connection that encourages new ideas and increased value.’ - Music Business Worldwide
https://www.musicbusinessworldwide.com
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Our Ethnicity Affinity group book and film club brought one of their recommended authors and books to life by inviting journalist, author, and creator Georgina Lawton to our hub to tell all on her book ‘Raceless’, which has sold more than 10,000 copies worldwide. The PRS team had the chance to hear first-hand about Georgina’s book Raceless, her story and insights on the impact of not addressing race at work and in social circles. Being inclusive is one of our values at PRS for Music. It all comes together through our Equity, Diversity, Inclusion & Belonging strategy, which supports a culture where everyone feels confident and safe enough to bring their best selves to work. #LifeAtPRS #EDIB #Inclusivity #PRSforMusic
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In the second major #PRSDay distribution of 2024, we’re paying out over £177 million in royalties, 9% more than in July last year. With over 800 members receiving their first ever royalties.
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PRS for Music reposted this
Our joint venture PPL PRS Ltd has announced that Greg Aiello CMgr FCMI has been appointed as Managing Director. He takes over from Andrea Gray, who has decided to step down after almost five years in the role. I want to express my sincere thanks and gratitude to Andrea for the way she has led PPL PRS and the stellar work her and her team have done on behalf of all PRS and PPL members over the years. I wish Andrea all the best in her future endeavours! I congratulate Greg on his new role and look forward to working closely with him and the team on our shared objectives in collecting and distributing what is owed to music creators.
We are delighted to announce the appointment of our new Managing Director, Greg Aiello CMgr FCMI Aiello as Andrea Gray steps down after 5 years in the role. Greg has been Commercial Director at PPL PRS since 2019, and takes over from Andrea, who led the business through the COVID-19 pandemic through to its most successful year in 2023. Head to the link below to read more! https://rb.gy/4jpxcl
PPL PRS LIMITED APPOINTS GREG AIELLO AS MANAGING DIRECTOR
https://pplprs.co.uk
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Today's UK Music Ltd Diversity Report 2024, reveals an up-to-date snapshot of those who work behind the scenes in the UK music industry. The survey was completed by 2,874 people from across the sector. Our Director of Talent, Culture & Experience Jay T (Janeace) Thompson CIPD Assoc. welcomed the report and reiterated PRS's continued commitment to diversity and inclusion: "I am a strong believer that embracing diversity, in all its forms, is essential to building and sustaining progression. The appetite for inclusion remains high at PRS for Music and the changes we have made to our recruitment and talent attraction processes, which focus on skills-based hiring and performance over qualifications and job titles, have been effective in helping to remove bias from our processes. We still have some distance to go but I’m hopeful this will help towards achieving the parity we seek at every level across our industry.” Read the report at: https://lnkd.in/eyqKafrn
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📢 Royalty admin rate reduction set to deliver £6million a year boost for songwriters and composers from online services. Read more: https://lnkd.in/eFSFeYWK
PRS For Music cuts admin rate to deliver £6m boost in royalties from online services
prsformusic.com
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PRS was created by members, for members. Our thanks to those who attended the #PRSAGM and voted to determine how their society is run. Here's a roundup from the Annual General Meeting this week: - Royalty admin rate reduction announced - Stevie Spring CBE was officially appointed as Chair of the PRS Board who replaces outgoing Chair Stephen Davidson - Pete Woodroffe, Mike Stobbie, Laura Young (S2k Music Limited) and Phil Rose (Sentric) appointed to the PRS Members' Council - Announced a comprehensive review of admin rates next year - New voting category introduced - New governance changes approved Read more: https://lnkd.in/dwzWbJ9W
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PRS for Music reposted this
Yesterday at the #PRSMembersDay I spoke about the founding basis on which PRS for Music was established in 1914. So much has changed over the past 110 years, but the idea which brought those first members together was simple... collectively songwriters and composers are stronger. That idea still underpins everything we do today, united in their shared interests to better protect their rights and maximise the value of their works in a cost-efficient way. It is the reason why the royalties we collect and pay our members are the most important measures of our success. Therefore, I was delighted to report another year of unprecedented financial results for 2023. Paying out a record-breaking £943m in royalties. £107m more than in 2022. And we broke £1bn in revenue for the first time. These are truly outstanding numbers which reflect the endeavours of the whole PRS team, the Board and Members’ Council to continually drive us forward on behalf of those we represent. On the topic of representing our members, we know there is a lot of talk about streaming services diversifying their offering, or bundling. But music creators are the very core of appeal to their subscribers. The future success of these platforms depends upon the rights of songwriters and composers and the works they create. I urge those platforms to think carefully before they depart from the spirit of partnership or take songwriters and composers for granted. One constant throughout PRS’s 110 years is that our members will fight with everything they have for the value they deserve.
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We'll be live streaming our #PRSMembersDay and #PRSAGM tomorrow from 1:30pm - 4:30pm. Join us at prsformusic.com/agm to watch.
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