PRS Have Paid Out £117 Million for the First Quarter of 2009 to British Songwriters
PRS for Music has announced that its members will be paid their share of a record distribution of £117 million for the first quarter of this year, based on analysis of 19.7 million performances of more than 743,000 individual works.
UK royalties accounted for 65% of that, with the remainder coming from international markets.
In its announcement of the Q1 payout, PRS for Music says that talks between it and Google/YouTube “are yet to reach a satisfactory conclusion”. This coming after Google announcing that they were going to pull all their premium music videos from YouTube.