October 2024 Distribution Update
Over £230 million in royalties being paid out in October.
We’re paying royalties to over 78,000 members, with more than 5,000 being paid for the first time.
In the largest distribution of 2024, we’re paying out over £230m in royalties. The payment includes an extra £689k in royalties from online streaming services (MTOL), due to the admin rate reduction earlier this year.
A summer filled with music, including performances from PRS members Coldplay, Take That, Liam Gallagher and Texas, has supported a 4% year-on-year increase in public performance royalties. Plus, royalties from on-demand video services, including Netflix, BBC iPlayer and Disney+, are up 17% year-on-year.
October’s payment also includes significant contributions from broadcast, including TV and commercial radio, and international society payments from GEMA (Germany) and ASCAP (USA).
- GEMA – for music used in various periods.
- Netflix – for music used from April to June 2024.
- Amazon (GEOL) – for music used in 2023 and January to March 2024.
- Spotify – for music used from April to June 2024.
- Meta – for music used from January to March 2024.
- YouTube – for music used from January to March 2024.
- Turner – for music used from October to December 2022.
- Apple Fitness+ - for music used from April to December 2023.
- Amazon Prime Freevee (AVOD) - for music used from January to December 2023 .
- Google (GEOL) - for music used from January 2022 to June 2023.
- Discovery / Turner – for music used from January 2023 to June 2024.
- Amazon Unlimited – for music used from April 2023 to March 2024.
- Deezer – for music used from January 2022 to March 2024.
- Channel 5 / My5 – for music used from April to June 2024.
- Viacom – for music used from April to June 2024.
