PRS for Music CEO Andrea Czapary Martin has been named on Billboard's International Power Players list for 2024.
Billboard has compiled the annual list to honour the leading music executives who are 'driving success' in the industry and significantly contributing to the overall growth of the music business.
All of those honoured in the list have primary responsibility for markets outside the US, which account for nearly 60% of the world’s recorded-music sales.
Expanding on her inclusion, Billboard cited PRS’s record high collection of £964 million in 2022 and its successful cost ratio reduction to a new low of 9.3% — a major focus for Andrea in her role as CEO.
Speaking about the honour, Andrea said: 'I joined PRS for Music with great purpose: to protect and grow the value of the rights entrusted to us and to ensure that royalties are paid fairly and accurately to writers and publishers.
'As CEO, my clear focus was to transform the business, increasing efficiency, transparency and delivering the best services for our members. Essential to this was the migration of our distribution systems to the Oracle cloud, the first CMO to do so, which has accelerated our ability to process even more data so we can pay out more royalties, more accurately and more quickly.'
This honour marks Andrea's first non-gendered accolade as CEO of PRS for Music. She was recently named on Billboard's Women In Music Top Executives list for the second consecutive year, and won Music Week's Businesswoman of the Year award last year.
