Artists including Adele, Ed Sheeran and Little Mix shared a record £605 million pounds in royalties last year.
That’s according to figures published overnight by PRS – the body which represents musicians – which reveal a jump of £77.5 million pounds in 2017 compared to the previous year.
The figure is boosted by lucrative stadium tours which saw the likes of Adele reportedly earn a massive £142 million from her last world tour.
That’s on top of the £9 million pounds she reportedly made last year from record sales alone– with her 2015 album ’25’ shifting an incredible 22 million copies to date.
Meanwhile, Sheeran’s 200-date world tour to promote his divide album began in May last year and is not set to end until November this year.
PRS said that high-profile tours by British performers had helped to drive the big increase, generating royalties from concerts and radio play across the UK.
In total, there were 6.6 trillion performances of music – classed as downloads, streams, live performances, as well as online, radio and television broadcasts.
That figure was 53% more than 2016, and boosted by venues including clubs, pubs and fitness centres playing music to customers according to the organisation.
However, PRS For Music chief executive Robert Ashcroft hinted that some websites were still not compensating performers adequately, saying: “There is much, however, still to do and it is critical that we continue to make progress in ensuring fair remuneration for the use of our members’ works on digital music platforms.
Adding: “We look forward to an equal marketplace, where all online platforms, including those that host user-generated content, pay music creators fairly for their work.”
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