21 November 2014
Newsdesk
Their Royal Highnesses The Prince of Wales and The Duchess of Cornwall hosted a reception at Clarence House on Thursday 20 November to celebrate PRS for Music’s centenary.
The special celebration was held to recognise the songwriters and composers who have shaped the musical landscape of the last hundred years. It was attended by some of the most successful songwriters, composers and music publishers in the industry as well as politicians, key PRS for Music licensees and the PRS for Music senior management team.
The Performing Right Society, now PRS for Music, was founded on 6 March 1914 to protect copyright and provide an income for music creators and their publishers. Spurred on by the 1911 Copyright Act, renowned publishers William Boosey and Oliver Hawkes came together to license businesses that played music, passing the royalties onto songwriters and composers.
Fast forward a century and PRS for Music is still serving the same purpose: to help ensure its members receive fair payment whenever their music is played, performed or reproduced. Over the past 100 years, the society has gone from collecting £1,572 in year one, to £665.7m in 2013.
The UK has a proud tradition of creating wonderful music that is enjoyed the world over. Music contributes £3.8bn to the UK economy and the UK is one of only three net exporters of music in the world.
The reception was attended by over eighty guests including, Lily Allen, Laura Mvula, David Arnold, Paul Connolly, Ray Davies, Howard Goodall, Gary Kemp, David Lowe, Brian May, Sir Paul McCartney and Andrew Lloyd Webber.
