Music royalties reach a record high - but a storm is coming
Ed Sheeran and Mabel were among the British singer-songwriters who scored major hits in 2019
The warning was issued by PRS for Music, the body that makes sure 145,000 songwriters, composers and publishers in the UK are paid when their music is played or performed around the world.But it said Covid-19 would result in an"inevitable decline" in 2020 and 2021. Revenues from"live music and public performance will be hit" not just in 2020 but in 2021, as international payments often take time to trickle down, she said.
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