UK songwriters & composers generated close to $1bn in music royalties last year

British collection society PRS for Music collected a record £810.8m (approximately $990m) on behalf of its 145,000 songwriter, composer and music publisher members in 2019, a year-on-year increase of 8.7% or £65m ($79). During the 12 months to December 31, 2019, PRS reports that a record £686m ($834) was processed and paid out, an increase of 13.7% on 2018.

Source: UK songwriters & composers generated close to $1bn in music royalties last year

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