Songwriters and Composers Generate Record $876 Million In Music Royalties
Remember that sensitive kid in high school who carried a Moleskin, took Drama and sang in the Glee Club? Yeah, you don’t. Jerk.
Well while you’ve been killing it in the HVAC game, driving a big fancy truck with extra-shiny-sparkly chrome, that dweeb from high school has been part of a group that nearly made a collective $1 billion in 2019.
PRS for Music, the organization that represents the rights of over 145,500 songwriters, composers, and music publishers in the US and worldwide, collected a record $876 million on behalf of its members in 2019, a year-on-year increase of 8.7%, according to Music-news.com.