PRS for Music’s online income overtook recorded media in 2014


British collecting society PRS for Music says its latest financial results “maintains year-on-year growth”, with combined royalty income for PRS and MCPS of £664.3m – up 1% year-on-year “on a constant currency basis”. The latter phrase being key, since purely on the numbers, annual income was actually down slightly from 2013’s £665.7m. How did 2014’s income...

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Written by: Music Ally Blog