Last week PRS for Music, the primary performance royalty collection organization in the UK, announced that revenue for terrestrial broadcasts and internet streaming in the first half of 2009 were down 6 percent from last year. PRS for Music collects royalties for close to 60,000 songwriters and music publishers. An official statement blames “phasing of revenues” for lower than expected earnings, but conveniently doesn’t mention the loss of income from YouTube earlier this year.
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UK songwriter royalties down without YouTube contribution
