The Performing Right Society (PRS) has announced it paid out more than half a billion pounds in royalties to songwriters, composers and publishers last year, in its strongest performance to date.
£527.6m paid out to songwriters, composers and music publishers
£621.5m royalty revenues for 2016
33% more music creators received royalties
45% more unique musical works and songs paid
80% increase in uses, 4,3 trillion performances of music processed
Next Distribution Schedule in synthesis:
July, October, November, December although some royalties are paid monthly starting from may.
For detailed info visit www.prsformusic.com