Feeds

British music collects 10 per cent more royalties

Blighty rakes it in from NZ, Jamaica

Top three mobile application threats

British musicians saw a 10.7 per cent increase from the public performance of recorded music last year despite the recession.

The revenue growth, revealed in the PPL AGM yesterday (pdf), was mostly down to more countries sending music royalties back to the UK via reciprocal agreements. New Zealand and Jamaica were new this year.

The UK is second only to the US in terms of worldwide popularity of its music, and only three countries have a net surplus when royalties going in and out are added up. In the biggest market for British talent, however, the USA, the radio industry doesn't pay any royalties for the recording, although it does pay songwriters for the music it airs.

In addition to agreements with broadcasters, the PPL also collects from shops, restaurants, hotels and venues that play sound recordings. The money is split 50:50 between the performers and the owner of the sound recording, usually a record label.

Despite the recession, and an order from the Copyright Tribunal to cut rates back to 2003 levels, revenue grew two per cent. The PPL saw licensing income of £143.5m in 2010, with international revenues up 47 per cent. The PPL said its cut of costs fell to 13.6 per cent, the lowest ever.

PPL chairman and chief executive Fran Nervka is to step down at the end of the year, to be succeeded by Peter Leathem. ®

Build a business case: developing custom apps

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Stick a 4K in them: Super high-res TVs are DONE
4,000 pixels is niche now... Don't say we didn't warn you
Amazon Reveals One Weird Trick: A Loss On Almost $20bn In Sales
Investors really hate it: Share price plunge as growth SLOWS in key AWS division
Bose says today is F*** With Dre Day: Beats sued in patent battle
Music gear giant seeks some of that sweet, sweet Apple pie
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Too many IT conferences to cover? MICROSOFT to the RESCUE!
Yet more word of cuts emerges from Redmond
Chips are down at Broadcom: Thousands of workers laid off
Cellphone baseband device biz shuttered
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Seven Steps to Software Security
Seven practical steps you can begin to take today to secure your applications and prevent the damages a successful cyber-attack can cause.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.