16 May 2023 Society news PRS for Music reports record-breaking revenues and distributions, collecting £964 million and increasing distributions by 23.5% in 2022 Revenues grew by 22.9% year-on-year. Royalties paid out £836 million in 2022, an increase of 23.5% compared to 2021. Unprecedented results delivered while reducing the cost-to-income to an all-time low of 9.3%.
