July 2023 Distribution update
Over £161 million in royalties paid in July 2023.
That’s £21 million and 15% more than in July last year. You can see if you’re due royalties this month via your online account.There are major contributions from online streaming services including Spotify (21% up) and Apple Music (17% up), and from on demand video services including Disney Plus (26% up) and Netflix (17% up). The increases in royalties from these platforms are a result of improved agreements with PRS and increased subscriber numbers.
Live music continues its resurgence with PwC predicting revenues in the UK will generate more than £1.6 billion in 2023 and continue to grow by 7% per year until 2027.
Major live concerts and touring artists have made a significant contribution to the 32% increase in live and public performance royalties and the 29% increase in international royalties in July’s payment, with the likes of Coldplay, Robbie Williams, The Cure, Red Hot Chili Peppers and Elton John selling out venues in the UK and across the globe.
The payment also includes previously held royalties from Spotify, iTunes and TikTok.
Find out more
- Public Performance Non-Live royalties – For music used from January to March 2023
- Netflix – For music used on this service from October to December 2022
- Public Reception – For music used from January to March 2023
- International society royalties – Including ASCAP, BMI, JASRAC and APRA
- Spotify residuals – For music used on this service from January 2018 to March 2019
- iTunes residuals - For music used on this service from January 2018 to December 2020
- TikTok – for music used on this service from October 2021 to December 2022
- SACEM – French royalties from SACEM’s October 2022 distribution
- Meta – For music used from January to June 2022
- Discovery TV channels – For music used from January to March 2023
- Turner TV channels – For music used from October 2022 to March 2023
- ITVX – For music used from October to December 2022
More detail on the July distributions
Here you'll find further detail on previously held royalties, as well as royalties we weren't able to pay out previously:
