PRS for Music welcomes 2020 Global Collections Report published by CISAC

The report shows the impact of COVID-19, the actions of authors societies and the support needed from governments.

The findings of the CISAC Global Collections Report 2020 clearly illustrate the severe impact the pandemic has had on our industry. Though it is encouraging to see that global collections continued to rise in 2019, the devastating effect of coronavirus on the live sector and beyond mean that we must now adapt and innovate on behalf of music creators globally, to protect the value of their rights. Collectively we must embrace the challenges and opportunities of these times.

About PRS for Music

Here for music since 1914, PRS for Music is a world-leading music collective management organisation representing the rights of more than 175,000 talented songwriters, composers and music publishers. Redefining the global standard for music royalties, PRS for Music ensures songwriters and composers are paid whenever their musical compositions and songs are streamed, downloaded, broadcast, performed and played in public. 

For 110 years it has grown and protected the rights of the music creator community, paying out royalties with more accuracy, transparency and speed. In 2023, PRS for Music paid out £943.6m in royalties and collected a record £1.08 billion in revenues. prsformusic.com