Music Data Should Not Become ‘Part of an Arms Race’, says PRS CEO

Addressing PRS members and the wider industry at the society’s Annual General Meeting (AGM), he said that sharing intelligence and working together are essential to ensuring ‘the right people are paid the right money as fast and accurately as possible’.

As recorded music returns to growth, it has attracted both venture capital and private equity investors, Ashcroft explained.

‘Music properties, companies servicing, or owning musical assets and rights, are once again fashionable acquisition targets’ he continued.

Read Article: M Magazine

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