Feeds

British music collects 10 per cent more royalties

Blighty rakes it in from NZ, Jamaica

Beginner's guide to SSL certificates

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. ®

Providing a secure and efficient Helpdesk

More from The Register

next story
Scrapping the Human Rights Act: What about privacy and freedom of expression?
Justice minister's attack to destroy ability to challenge state
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
Hey Brit taxpayers. You just spent £4m on Central London ‘innovation playground’
Catapult me a Mojito, I feel an Digital Innovation coming on
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
EU to accuse Ireland of giving Apple an overly peachy tax deal – report
Probe expected to say single-digit rate was unlawful
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
EU probes Google’s Android omerta again: Talk now, or else
Spill those Android secrets, or we’ll fine you
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.