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PRS for Music company history timeline

1914

1914 - The Performing Right Society (PRS) forms to administer the non-dramatic performing and broadcasting rights of musical works across the UK, Eire and British Empire.

1923

1923 - PRS issues its first licence to the BBC.

1925

1925 - PRS establishes its first agency in South Africa.

1934

1934 - PRS establishes the Members Benevolent Fund.

1937

1937 - The BBC's licence from PRS includes television for the first time.

1939

1939 - PRS opens a wartime emergency office in Church Hill House near Woking.

1944

1944 - The Composers Guild forms to represent the interests of classical and filmscore composers.

1964

1964 - Ray Davies, Mick Jagger and Keith Richards join PRS.

1966

1966 - PRS installs its first computer.

1967

1967 - David Bowie and Barry, Maurice and Robin Gibb of the Bee Gees join PRS.

1968

1968 - Tim Rice and Andrew Lloyd Webber join PRS.

1969

1969 - Eric Clapton joins PRS.

1970

1970 - Elton John, Phil Collins and Yoko Ono join PRS.

1971

1971 - PRS receives The Queen's Award for Industry for 'outstanding achievement in exporting goods or services'.

1973

1973 - The British Phonographic Industry (BPI) forms to represent the interests of UK record companies.

1974

1974 - PRS sponsors The Ivors for the first time.

1984

1984 - PRS establishes its first regional office in Edinburgh.

1989

1989 - The Irish Musical Rights Organisation (IMRO) forms as a subsidiary of PRS.

1992

1992 - Margaret Thatcher visits MCPS offices.

1995

1995 - IMRO becomes an independent collecting society.

1996

1996 - PRS and MCPS begin discussing the possibility of a joint alliance.

1997

PRS for Music was formed in 1997 following the MCPS-PRS Alliance.

1998

1998 - MCPS and PRS complete their operational alliance agreement under one management team - The MCPS-PRS Alliance.

2000

2000 - PRS launches The Performing Right Society Foundation for New Music, a charity to help emerging talent enter the music industry.

The Santiago Agreement was established in 2000 between five European collecting societies including the UK's PRS for Music and France's SACEM and Germany's GEMA. The agreement allows each collecting society to collect royalties on behalf of members of the other collecting society, e.g.

2002

2002 - The MCPS-PRS Alliance hosts the 43rd CISAC World Congress in London.

2004

2004 - MCPS and PRS become the first collecting societies to distribute iTunes royalties to their members.

2007

2007 - The MCPS-PRS Alliance becomes one of the first collecting societies outside the US to license YouTube.

In 2007, PRS for Music had reclassified Welsh-language station BBC Radio Cymru as a local station, where previously it had been considered a national station.

2008

In 2008, PRS for Music began a concerted drive to make commercial premises pay for annual "performance" licences.

2009

Wiltshire Constabulary refused to pay PRS for Music for a £32,000 licence fee in April 2009.

2009 - PRS for Music signs 12 pan-European licensing deals with some of the largest online and mobile providers including Amazon, Apple iTunes, Napster, Nokia and Spotify.

In 2009, PRS and MCPS-PRS Alliance realigned their brands and became PRS for Music.

The PRS for Music Heritage Award scheme launched in 2009 with the first award going to Blur.

2010

In October 2010, it was reported that Sussex Police, in a money-saving move, were not intending to renew their PRS for Music licence, meaning that police officers would no longer be able to listen to the radio in their squad cars or other work places.

2011

2011 - PRS for Music provides input into the Hargreaves review of Intellectual Property and Growth.

2012

PRS for Music financial results reveal a record year achieving an income of £665.7m, a 3.7% increase on 2012.

In 2012, a high per centage of Welsh-language musicians left PRS for Music to form a separate agency, Eos (Welsh for nightingale), after changes in the way PRS for Music calculates royalties led to a fifteen-fold decrease in payments.

2013

From 1 January 2013, a PRS licence will not be required to play such music, and will not give any permission to do so.

2013 - PRS for Music launches electronic music initiative Amplify to help ensure dance music creators receive royalties when their work is played.

2013 - PRS for Music announces plans to move from Berners Street offices to Kings Cross and Streatham.

2015

In July 2015, PRS for Music launched a pro-creator campaign called Streamfair.

PRS reports record figures for 2015 with continued revenue growth for members - PRS revenue up 7% to £537.4m on a constant currency basis 8.4% increase in distributions means £35.6m more money flowing through to members Growth across all revenue streams.

2016

In February 2016, PRS for Music and PPL, the body who licenses the sound recording of a song, confirmed plans to create a new joint venture for public performance licensing.

PRS for Music celebrates digital success as it released its distribution data figures for 2016, a year that saw the company process over four trillion uses of music.

2018

In 2018, PPL and PRS for Music formed a jointly owned subsidiary, PPL PRS Ltd, to collect all licence fees for public performances.

2019

Robert Ashcroft to step down as Chief Executive of PRS for Music in 2019 - Chief Executive to step down on the tenth anniversary of his appointment, at the end of December 2019.

2022

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Founded
1914
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Headquarters
New Britain, CT
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Zippia gives an in-depth look into the details of PRS for Music, including salaries, political affiliations, employee data, and more, in order to inform job seekers about PRS for Music. The employee data is based on information from people who have self-reported their past or current employments at PRS for Music. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by PRS for Music. The data presented on this page does not represent the view of PRS for Music and its employees or that of Zippia.

PRS for Music may also be known as or be related to PRS FOR MUSIC LIMITED and PRS for Music.