PRS for Music sees record £746m revenue in 2018, but costs top £97m

UK music licensing company PRS for Music collected a record £746m on behalf of its members in 2018. This represents a year-on-year increase of 4.4%, or £31.6m on a constant currency basis, and after costs and other income, results in net distributable revenue of £648.4m.

Source: PRS for Music sees record £746m revenue in 2018, but costs top £97m

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