26 April 2007
For immediate release
MCPS-PRS Alliance announces new Chief Executive
The MCPS-PRS Alliance (the Music Alliance) today announces that its current Managing Director, Steve Porter, is promoted to Chief Executive with immediate effect.
The Music Alliance is Europe’s leading royalty collecting society, which licenses music rights and pays royalties – over £500m in 2006 - to 50,000 composers, songwriters and music publishers in the UK and many thousands more around the world. Steve replaces former CEO, Adam Singer, who left in November 2006.
The Music Alliance has undertaken an exhaustive search process over the last six-months for its new Chief Executive. Over 200 applicants from a wide range of industries were considered for the role. Steve’s appointment was unanimously confirmed by the MCPS and PRS Boards yesterday.
As Managing Director of the Music Alliance for the last three years, Steve has extensive knowledge of the worldwide business of music rights management – particularly in relation to online business models.
Steve Porter said: ‘It’s a privilege to lead the Music Alliance on behalf of our 50,000 composer, songwriter and music publisher members. We face incredible opportunities and huge challenges as we seek to transform the collective rights management industry within the dramatically changing landscape of the wider music industry.’
PRS Chairman, and Joint Chairman of the Music Alliance, Ellis Rich, said: ‘I’m delighted that Steve Porter will be leading the Music Alliance. Throughout the exhaustive search process, Steve was the outstanding candidate. He possesses the best combination of experience, business acumen and leadership skills to drive the Music Alliance forward.’
MCPS Chairman, and Joint Chairman of the Music Alliance, Tom Bradley, said: ‘Steve’s credentials coupled with his proven track record of working with our customers, members and other societies globally, make him the perfect choice to help us reach our full potential. We are particularly pleased to have promoted from within the Music Alliance, validating the overall strength of the executive team.’
Prior to joining the Music Alliance in 1999, Steve held senior management roles in the record industry and with Price Waterhouse in London.
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FOR MORE INFORMATION: Adrian Crookes 020 7306 4777 press@mcps-prs-alliance.co.uk
NOTES FOR EDITORS
The MCPS-PRS Alliance. MCPS and PRS are the not-for-profit UK collecting societies that ensure composers, songwriters and publishers are paid royalties when their music is used: from live performance to TV and radio, CDs to DVDs, downloads, streams and everything in between. Royalties create a future for music by supporting creators while they continue to write. MCPS and PRS are committed to delivering maximum royalties and world-class service for composers and songwriters everywhere.
In 2006, the Alliance reported record revenue collections exceeding £545m (US$1.1bn; €0.8bn) producing royalties of over £500m (US$1.0bn; €0.7bn) for composers, songwriters and music publishers.
www.mcps-prs-alliance.co.uk