2015
It’s important that our finances continue to improve year-on-year, offering better financial reward for our members. Each review identifies growth areas to guide our immediate work and feed our longer-term strategies. We also analyse any changes to music use across the globe. And closely monitor the outgoings that keep our investments in tune with members’ needs.
Turnover
We collected £537.4 million in royalties. We distributed £460.9 million of this to our members and affiliate societies.
Performance summary
We delivered more money to our members, with an 8.4% increase in distributions. This equate to an extra £35.6 million, when compared with 2014.
£million |
2015 | 2014 | % |
|---|---|---|---|
| International | 195.6 | 188.3 | 3.9 |
| Public Performance | 175.2 | 168.3 | 4.1 |
| Broadcast | 124.2 | 119.3 | 4.1 |
| Online | 42.4 | 37.6 | 12.8 |
| Total | 537.4 | 513.5 | 4.7 |
Revenue on a constant currency basis |
537.4 | 502.4 | 7.0 |
Unlike previous years, these results do not include the Mechanical-Copyright Protection Society Limited (MCPS) financial figures. MCPS are a separate legal entity with separate Board and Management structures.
Read the details
You can read the full details of our performance in 2015 in the following PDF reports.
