Music royalties fall for first time

• PRS for Music reports 1% annual fall in total royalties• Digital piracy and a drop in high street sales said to be factors in the declineSongwriters have felt the effect of the slump in CD sales after the royalties collected on their behalf fell for the first time last year.PRS for Music, the organisation that represents 75,000 songwriters, composers and music publishers in the UK, blamed digital piracy and a fall in high street sales for a 1% year-on-year decline in total royalties, down ...

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