Robert Ashcroft, PRS for Music's chief executive, talks exclusively to M about the society's new 'hub', which is set to transform digital royalty payments and licensing across Europe.
Reeperbahn Festival has announced details of additional speakers for its upcoming conference, including reps from GEMA, GESAC, IFPI and the founder of Tommy Boy.
PRS for Music, STIM and GEMA have announced the launch of the first integrated music licensing and processing hub.
PRS for Music, together with collecting societies GEMA (Germany) and STIM (Sweden), has been granted European Commission competition clearance for a pan-European licensing hub.
German collecting society GEMA reports that it earned €893.6m (£647.3m) for rightsholders in 2014, an increase of 4.8 percent on the previous year.
PRS for Music has announced that its new licensing hub – in partnership with European collecting societies STIM and GEMA - is currently under review by the European Commission (EC).
PRS for Music has launched SOLAR, a new initiative with Sony/ATV Publishing and German collecting society GEMA, to administer the publisher’s digital rights in Europe.
PRS for Music remains committed to the principles of a central hub for licensing musical works despite the abandonment of plans for the GRD.
M meets the chief executives of PRS for Music, GEMA and STIM who are coming together to revolutionise the way their collecting societies handle online music licensing and digital royalty payments.