From Paid Content:
New figures for musicians’ royalty earnings shine a light on a significant digital income gap.
UK royalty collector PRS For Music reports British songwriters and composers collectively earned £187.7 million ($301 million) in 2011 from plays of their songs outside the UK.
That total was 10.6 percent more than in 2010. But it contains downloads and streaming royalties of a tiny £2 million ($3.2 million).
That is miniscule, perhaps scandalous. Domestically, last year’s digital royalties totaled £38.5 million ($61.7 million) – yet British musicians are consumed heavily in the rest of the world.
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