What makes music special
According to Robert Ashcroft, chief executive of PRS for Music, a not-for-profit body that collects and distributes royalties for composers, songwriters and music publishers: “Royalties from digital music services have grown 173 per cent since 2007, reaching £26.5m in 2010. In comparison, royalty collections from the sale of CDs declined 27 per cent in the same period from £118.9m to £87.3m, and have been on a downward trend for some years.”
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