Showing posts with label income. Show all posts
Showing posts with label income. Show all posts

Thursday, 5 June 2014

PPL income up by 4%

The UK record industry's collecting society PPL has announced that the total monies it collected for its label and artist members last year were 4% up on 2012, amounting to £176.9 million in 2013.  41.3% of that money came from the UK broadcasters - radio and TV - which licence the rights to the sound recordings they use via PPL. Broadcast income was up 5% year-on-year to £73 million. Meanwhile 39.3% of the money came from British organisations and businesses who play recorded music in public spaces, with that revenue stream bringing in £69.5 million, up 7% on 2012.

The most played tracks were:

1. Daft Punk feat Pharrell Williams - Get Lucky 
2. Robin Thicke feat TI and Pharrell - Blurred Lines
3. Justin Timberlake - Mirrors
4. Bruno Mars - Locked Out Of Heaven
5. P!NK feat Nate Ruess - Just Give Me A Reason
6. Passenger - Let Her Go
7. Avicii - Wake Me Up
8. Naughty Boy feat Sam Smith - La La La
9. Olly Murs feat Flo.Rida - Troublemaker

10. Bruno Mars - When I Was Your Man

Thursday, 4 April 2013

PRS 2012 collections up overall, but live music slips

UK collection society PRS for Music have announced a record £641.8m collected for songwriter, composer and music publisher members in 2012, equating to a 1.7% rise on 2011. A focus on efficiency resulted in a £3.6m reduction in overall costs, equivalent to 4.6%, meaning a total of £571.9m was paid to members (up 2.6% on 2011).

Royalties from online and digital services topped £51m for the first time, up 32.2% on 2011. Royalties from online services now provide a larger income stream for music creators than radio, live or the pub sector, but perhaps unsurprisingly, royalties collected from live music fell by 14.2% to £19.3m as fewer live events occurred in 2012. Collections from CD sales were also down, but overall PRS's 'recorded media' income was up slightly.

International revenue, which has seen considerable growth in the last decade, was down 4% in 2012, a result, in part, of exchange rate losses. However, this income stream is still the biggest single revenue generator for PRS members, bringing in £180.1 million.

2011 figures here: http://www.prsformusic.com/SiteCollectionDocuments/PressPacks/March%202012%20-%20Financial%20results%20briefing%20paper.pdf

Thursday, 14 June 2012

PPL collections up!


The UK's sound recording collecting agency PPL (Phonographic Performance Limited) has announced its 2011 financials at the annual London AGM. The revenue generated by broadcast and online royalties was up 7% to £66.2 million, public performance income was up 10% to £55.0 million, and international monies grew 2% to £32.4 million. Overall £153.5 million was collected, of which £130.8million, or 85.21%  was distributed to the society's label and performer members.

PPL also announced the most played pop songs of 2011 which were 

1. Adele - Rolling In The Dee
2. Maroon 5 feat Christina Aguilera - Moves Like Jagger
3. Adele - Set Fire To The Rain
4. Jessie J feat BoB - Price Tag
5. Adele - Someone Like You
6. Ed Sheeran - The A Team
7. Lady Gaga - The Edge Of Glory
8. Bruno Mars - Grenade
9. Rihanna - Only Girl In The World
10. Forget You - Cee Lo Green

and the most Played Classical Pieces Of 2011
1. Ludovico Einaudi - Primavera
2. Ludovico Einaudi - Nightbook
3. Ludovico Einaudi - The Tower
4. City Of Prague Philharmonic Orchestra with Paul Bateman - On The Beautiful Blue Danube (by Johann Strauss II)
5. Philharmonic Orchestra with Eugene Ormandy - Fanfare For The Common Man (by Aaron Copland)
6. Philip Glass - Metamorphosis One
7. Royal Liverpool Philharmonic Orchestra with Ludovico Einaudi - Divenire
8. Cleveland Orchestra with Lorin Maazel - Romeo And Juliet (by Sergei Prokofiev)
9. The Labèques & Philharmonia Orchestra with Semyon Bychkov - Concerto for Two Pianos in E major (by Felix Mendelssohn)
10. Dawn Upshaw & London Sinfonietta with David Zinman - Symphony No 3 (by Henryk Gorecki)