PRS for Music

PRS for Music is a UK-based organization advocating for the rights of songwriters, composers, and music publishers globally. Founded in 1914, the company ensures creators receive fair compensation for the use of their musical compositions across various mediums. In 2022, PRS for Music achieved a landmark collection of £964m and distributed £836.2m in royalties to its members, solidifying its position as one of the world’s premier music collective management organizations. With a compelling slogan “Because music matters,” PRS for Music continues to play a pivotal role in shaping the music industry. As the company does not have publicly available information about its last investment or the involved investors, it remains to be seen how PRS for Music will leverage potential funding to further strengthen its impact in the music industry.