SOCAN set a new record for royalty payouts in 2018

Perhaps we should start asking some pointed questions to any collecting society or label that *isn’t* announcing record royalties and/or payouts. New milestones are being set by the week in 2019, it seems. Canadian collecting society SOCAN is the latest example. In 2018 it paid out $320m to its members, representing 8% year-on-year growth, although […]

CISAC says SGAE expulsion was ‘regrettable but essential’

In May this year, the general assembly of collecting-societies body CISAC voted to expel Spanish society SGAE, temporarily, in the wake of the long-running controversy around ‘The Wheel’ (a system that saw some of the society’s members’ music played through the night on some Spanish TV channels, boosting their performance royalties). Now CISAC’s director-general Gadi […]

PRS for Music reveals its next CEO: Andrea C. Martin

British collecting society PRS for Music has a new incoming CEO. Andrea C. Martin will be taking up the position on 17 June, with a background as president and CEO of three international business units with Readers Digest Association; MD of data services for the UK’s Royal Mail; and president of security-tech firm ADT Canada. […]

UK society PPL saw its collections grow by 13% in 2018

British collecting society PPL has announced its figures for 2018, revealing that its collections grew by 13% to £246.8m on behalf of performers and rightsholders. That included 5% growth (to £83.6m) for its ‘broadcasting and online’ category, although the biggest spike came with a 43% rise in international collections to £70.9m. PPL also paid out […]

PRS for Music boss puts Fortnite on notice after record collections

British collecting society PRS for Music saw its collections grow by 4.4% to £746m (around $965.4m) in 2018, setting a new record. £603.6m was distributed to members, down 0.2% year-on-year “caused by processing delays at our joint venture partners”. PRS said that its international collections were up by 9.1% to £280.6m, while income from digital […]

SoundExchange reveals record royalty payouts in 2018

US firm SoundExchange has published its year-end numbers for 2018, and like other bodies collecting and distributing royalties for musicians and rightsholders, it enjoyed a record year. “We distributed more sound recording performance royalties to recording artists and rights owners than in any other year of our 15-year existence – a record $953m,” announced SoundExchange […]

PPL’s international collections grew by 43% in 2018

British collecting-society PPL has reported some figures for 2018: its international collections, for public and TV/radio performances (plus private copying) of its members’ tracks. The organisation collected £70.9m ($93.3m) in 2018, up 43% year-on-year, and a new record for PPL, which now has 92 international collection agreements in place. Those include deals signed in 2018 […]

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