The Annual General Meeting of publishing rights collecting society PRS took place in London last week, and the body’s Chairman, Guy Fletcher, confirmed that collections were up again in 2011, with £630.8 million collected, and £557.2million paid out to members, 3.2% more than in 2010.
Fletcher also discussed the “strategic priorities” of the society, including the usual: promoting and protecting copyright; growing revenues, particularly internationally; and offering improved services to members while running the business more efficiently.
Though perhaps most interesting was a commitment to partner with other collecting societies where doing so could result in efficiencies for members. According to Music Week, this includes working more closely with the UK’s sound recording royalties agency PPL, particularly on licences for smaller organisations, with PRS CEO Robert Ashcroft saying the government’s current review of copyright laws had motivated an escalation of such collaborations.
In the voting bit of the day, three songwriters were reappointed to the PRS board – Mick Leeson, Lynsey de Paul and Edward Gregson – while Simon Platz was reappointed as a publisher representative, and Imagem chief John Minch was appointed to the same role for the first time.