PRS for Music has announced that its October of 2022 distribution cracked a ‘highest ever’ total of £211 million. The 210 percent YoY gain is particularly noteworthy because PRS, despite posting a 22.4 percent revenue jump (as well as a nearly 60 percent improvement for income deriving from plays in public establishments) during 2021, stated that the public-performance total remained 38.1 percent beneath its pre-pandemic counterpart.
Source: PRS for Music Announces ‘Highest Ever’ £211 Million Distribution