Rise in royalty payments from digital services and international success help offset plunge in revenue from CD salesBritish tunesmiths cashed in on a surge in the use of digital services such as iTunes and Spotify in 2011, and the huge international popularity of artists such as Adele, as royalty payments to songwriters grew 3.2% year on year to £635.3m.PRS for Music, the organisation that represents 75,000 songwriters, composers and music publishers in the UK, said that a surge in growth in re...
Guardian Music — Rise in royalty payments from digital services and international success help offset plunge in revenue from CD salesBritish tunesmiths cashed in on a surge in the use of ... more info