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AAA

THE BIG
NUMBERS

ACCESS ALL AREAS

FROM TWENTY FOURTEEN

BEHIND THE SCENES AT PRS FOR MUSIC

OUR ROYALTY REVENUES FOR 2O14 WERE

STORY OF A SONG - FUELLING CREATIVITY
WRITE / COMPOSE /
RECORD SONG

PUBLISHER / LABEL / SELF

REGISTER YOUR WORK

USAGE DATA FROM
LICENSEES

BROADCAST /
PLAYED LIVE / SYNC

DOWNLOAD / STREAM /
PHYSICAL

ROYALTIES PAID
TO SONGWRITER /
COMPOSER / PUBLISHER

WE CALCULATE
ROYALTIES

WRITE / COMPOSE /
RECORD SONG

£

THE BUSINESS
WHERE THE MONEY COMES FROM

online

recorded media

broadcast

12%

10%

international

public performance

25%

28%

25%

INTERNATIONAL

OUR BIGGEST SOURCE OF REVENUE,
WITH £188.2M COLLECTED IN 2014.

THE BREAKDOWN
INTERNATIONAL

£188.2m

europe £114.6m
north america

£34.9m

asia pacific

£20.3m

emerging markets
cruise lines
agencies / other

£10.3m
£3.7m
£4.1m

PUBLIC PERFORMANCE

£168.3m

£27.1M

£37.4M

£18.8M

£21.3M

pubs &
clubs

hotels &
restaurants

live

£9.1M

£35M

cinemas

other

£19.6M

industrial
premises

shops

BROADCAST

£165.0m

In 2014 revenue generated by the use
of music in tv and radio was £165m,
an increase of 2.9% on 2013.

£116mM
£116

ONLINE

£49 m

£79.7m

Consumers shifted away from
downloads to streaming in 2014,
bringing increased royalties from major
streaming services. PRS for Music
received data for a record 975 billion
individual music uses - overwhelmingly
associated with streaming services.

£26.7m

£38.8m

RECORDED MEDIA

£63.1m

The recorded media market generated
revenues of £63.1m, down 21.8% from
2013, as consumers switched away from
physical products to online music services.

IN
FOCUS

ALIVE AND SPINNING - THE RESURGENCE OF VINYL
2O14 SAW

VINYL LPS

7” SINGLES SALES

65% RISE

IN 2O14

1.2 MILLION

JUMPED 9.6%

SALES ROSE

VINYL ALBUMS SOLD IN THE UK

IN 2O14

FO R

THE

F I RST

TIME

SINCE

1996

Source: Official Charts Company

IN
FOCUS

GOING UP STREAM - THE RISE OF STREAMING
IN 2014 WE RECEIVED

975 BILLION
INDIVIDUAL PLAYS

THAT’S ALMOST FIVE TIMES THE NUMBER IN 2O13

975

BILLION

P L AY S

2O13

2O14

HAPPY
MOST DOWNLOADED
DAFT PUNK - GET LUCKY

MOST STREAMED

MOST DOWNLOADED
PHARRELL WILLIAMS - HAPPY

1,4OO,OOO+

1,855,383

D O W N LOA D S

D O W N LOA D S

CLEAN BANDIT
RATHER BE

39,719,O53
STREAMS

TOP 3 STREAMED ARTISTS

Source: Official Charts Company

2O14

ED SHEERAN

SAM SMITH

ARCTIC MONKEYS

219.4M

105.4M

102.5M

PLAYS

PLAYS

PLAYS

BEST OF BRITISH
Seven out of the top 10 streamed artists in the UK were British;
Eminem, Beyoncé and Katy Perry were the only international
artists to feature.

2O14

WAS THE YEAR
STREAMING
REALLY TOOK OFF

IT WAS INTRODUCED INTO
THE CHARTS IN MARCH 2O15

IN
FOCUS

DRIVING EFFICIENCIES - GOING THE EXTRA MILE
11p

UNDER THE BONNET
With a cost to income ratio of
11.4%, PRS for Music is one of
the most efficient collecting
societies in the world.

That’s equivalent to 11p
from every pound

Striving to distribute
more to our members

Other collecting societies take
a higher administration rate

IN
FOCUS

BIG DATA - INNOVATION AND TRANSPARENCY
PRS FOR MUSIC HAS GONE FROM PROCESSING
MILLIONS, TO BILLIONS AND IN THE NEAR
FUTURE... TRILLIONS OF USES.

With ever increasing data
volumes we pride ourselves
on our levels of transparency.
In collaboration with industry
partners we are leading the
drive for increased levels of
songwriter and composer
metadata.

Millions
BILLIONS

TRILLIONS

OUR MEMBERS
WE ARE A SOCIETY OF

OVER 111,OOO

SONGWRITERS, COMPOSERS AND MUSIC PUBLISHERS
I N OTHER WO RDS

O U R M E M B E RS CO U L D F I L L LO N D O N ’S O 2 A R E N A

FIVE TIMES
T H AT ’ S O V E R 1 O O Y E A R S O F M U S I C P L AY E D B A C K TO B A C K

WE HAVE
OVER 1OO

THE UK IS ONE OF ONLY

WITH

G L O B A L LY

THREE COUNTRIES

AGREEMENTS
A F F I L I AT E D
COLLECTING
SOCIETIES IN

WHICH ARE A

NET EXPORTER
OF MUSIC

15O COUNTRIES

A LO N G S I D E
S W E D E N
AND THE US

WHO WE LICENSE
OUR CUSTOMERS – A PASSION FOR MUSIC
EACH YEAR WE LICENSE AROUND

35O,OOO
B
U
S
I
N
E
S
S
P R E M I S E S I N C LU D I N G
45O TELEVISION CHANNELS

6OO RADIO STATIONS

BUSINESSES WE
LICENSE

PUBS

HAIRDRESSERS / BEAUTICIANS

RESTAURANTS / CAFES
= 10 Television channels

= 10 Radio stations

HOSPITALS

We provide businesses and other organisations with
access to the world’s music, from the largest media
corporation or retail chain to the most intimate live
performance space.

PRS FOR MUSIC FOUNDATION
W E

D O N AT E D

£1.5 MILLION
TO THE CHARITY IN 2O14

PRS for Music Foundation’s
Momentum Music Fund in its
first two years funded 46 new
albums and over 50 UK tours

WE ARE THE

LARGEST FUNDER OF NEW MUSIC
IN THE UK THROUGH OUR CHARITY

PRS FOR MUSIC FOUNDATION
SINCE 2OOO
PRS FOR MUSIC FOUNDATION

HAS GIVEN MORE THAN

IT SUPPORTS A RANGE OF
PROJECTS, BAND SHOWCASES,
U K TO U RS , F E ST I VA L S ,
COMPOSER RESIDENCIES, &
PROFESSIONAL DEVELOPMENT

£2O MILLION

TO OVER
5,OOO NEW MUSIC INITIATIVES

IN 2O14 HAVE BEEN SUPPORTED BY

5O UK TOURS

WOMEN MAKE MUSIC
THE FOUNDATION’S WOMEN
MAKE MUSIC FUND WAS SET UP TO
RESPOND TO THE STATISTIC THAT
ONLY 13%** OF PRS MEMBERSHIP
ARE FEMALE. 86% OF APPLICANTS
TO WOMEN MAKE MUSIC ARE FIRST
TIME APPLICANTS TO PRS FOR
MUSIC FOUNDATION.
** 2013 Figure

PRS FOR MUSIC

MEMBERS
BENEVOLENT
FUND
OVER THE LAST 1O YEARS

46 NEW ALBUMS

The PRS for Music Members Benevolent Fund was
formed in 1934 to support songwriters and composers
during the Great Depression. Over 80 years later it
continues to be there for PRS for Music members and
their dependants in times of crisis.

HELP FROM THE FUND INCLUDES

TOTAL CHARITABLE INCOME

£4.8M
£4.25M

Loans for essential house
maintenance and repair

Winter heating

Sheltered housing

PAID OUT IN

GRANTS AND LOANS
Specialist medical
advice via BAPAM

Debt management

84
LEGACIES JRR TOLKIEN MARC BOLAN ERIC COATES LYNSEY DE PAUL
INCLUDING THOSE FROM
THE FUND CURRENTLY HAS

Version: October 2015

prsformusic.com

Some icons made by: Freepik, Dave Gandy, GraphBerry, Carl English,
Vectorgraphit, Heydon, SimpleIcon, from www.flaticon.com






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