PRS for Music launches royalty dashboard for music creators
OFFICIAL PRESS RELEASE
NEWS PROVIDED BY
PRS for Music
As of today, the new dashboard is available to every member through their PRS for Music account.
Songwriters, composers and music publishers can now view how their songs and compositions are performing across every revenue stream and international territory at a glance. Whether tracks are streamed, downloaded, broadcast, played in businesses, or performed live around the world, the new dashboard helps to build a comprehensive picture of when and how royalties are being generated.
Comparison functionality means music creators can select multiple songs and compositions and analyse how they are performing against each other by revenue source and territory. Timeline capability also allows users to view plays and performances across specific time periods, enabling members to build a holistic picture of their royalties.
The new dashboard is an invaluable service for music creators and music management teams. Informed data can support career choices, touring decisions and open new markets to songwriter, composer and publisher members.
“The tool will make administering PRS statements so much more streamlined, from seeing the data you need quickly and in one place, to drilling down into that data and being able to find the required detail. I know some of my suggestions during the trial were taken on board and implemented, which is encouraging to see.”
Claire Jarvis, Director of Membership at PRS for Music, said:
“We’re delighted that the new analytics service enables our members to interrogate the global usage of their music in an innovative way. We worked closely with them when building the new application and believe that our continued improvement to our digital offering will ensure that PRS remains one of the leading performing rights organisations in the world.”
“PRS for Music members will benefit hugely from the new analytics dashboard. As a member myself, I believe that the tool will revolutionise the way we interact with our royalty data,” added Simon Darlow, PRS Deputy Chairman and accomplished songwriter, who has worked with artists such as Grace Jones, Toyah Wilcox and The Buggles.
Over 500 set lists are submitted to PRS for Music every single day and in 2018, over 500,000 new songs and compositions were registered with the organisation.
View the tutorial video for a step-by-step guide on how the analytics dashboard works below.
Source PRS for Music
November 5, 2019 9:00am ET by Pressparty