If you’re an independent artist releasing original music and performing it live, registering with PRS for Music can be a crucial step in boosting your income.
As a musician, diversifying your revenue streams is essential for growth, and PRS is a great way to get paid royalties!
Please note this applies to YOUR ORIGINAL MUSIC and not covers.
What is PRS for Music?
- PRS stands for Performing Rights Society, an organisation responsible for collecting royalties for artists whose music is played in public spaces or performed live across the UK.
- Venues, bars, cafes, and any business that plays music (either live or through speakers) must have a music license, and a portion of these fees goes to the artists whose tracks are played.
How Does PRS Benefit Music Artists?
By registering with PRS for Music, artists benefit in several key ways:
- Public Performance Royalties: (Report your live shows)
- Online Platforms: (Spotify, YouTube, and other streaming services)
- International Royalties: (overseas plays)
- Other people covering your music (if other people perform your songs you can register them)
PRS also offers legal protection, funding, mentorship opportunities, and insights into where your music is being played.
How You Make Money from PRS as a Musician
If you have original music, registering with PRS can help you generate income from music royalties. Here’s how you can earn:
- Venues: Earn between £6 and £45 per song played at live events.
- Major Performances: Appearances on national TV or radio can generate £100-£300+ per track.
Although PRS charges a small administrative fee, it’s negligible compared to the royalties you can accumulate over time.
How to Register Your Songs with PRS
To get started with PRS, you’ll need to follow these steps:
- Sign up for PRS: Pay a one-off registration fee of £100.
- Register Your Songs: Submit your original works online, where they’ll be assigned an ISRC (International Standard Recording Code) for tracking purposes.
- Report Live Performances: Manually log each live performance where your music is played via the PRS website (see video).
- Bank Account Setup: Provide your bank details to receive quarterly royalty payments.
Millions of pounds go unclaimed through PRS each year, so don’t miss out on your fair share.
This additional income stream can be reinvested into recording, marketing, and new equipment to help you grow as an artist!
For more tips and advice on how to earn from music, look out for future newsletters.
2 Responses