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In 2021, MCPS delivered its highest distribution of royalties to publisher, song writer and composer members since 2012. Statutory accounts, published in 2021 show distributions for the year ended 31 December 2020 were £157.8m; a 10% increase of £14.4m from 2019.
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PRS for Music was formed in 1997 following the MCPS-PRS Alliance. In 2009, PRS and MCPS-PRS Alliance realigned their brands and became PRS for Music. PRS represents their songwriter, composer and music publisher members’ performing rights, and collects royalties on their behalf whenever their music is played or performed publicly.
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In the UK, license fees for production music are nationally standardized and set by the MCPS. In the US and elsewhere, libraries are free to determine their own license fees. Performance income (or performance royalties) Performances income is generated when music is publicly performed—for example, on television or radio.
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