UK-based royalty collection and distribution pillar PRS for Music announces a record quarterly royalty distribution of $288.7 million (£239 million), a 13% increase compared to last October. The largest single royalty payment in PRS for Music’s 109-year history, over 4,000 members received their first royalty payments this month.
Source: PRS for Music Scores the ‘Largest Single Royalty Payment in Its History’