Elton John and Mccartney Demand Transparency in Their Royalties

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Some of the UK’s most famous composers, including Elton John, Paul McCartney and Thom Yorke, demand a review of how they are paid through the national royalty collection service, questioning the scale of the administrative costs. A group of 18 composers signed a letter last week to PRS For Music, asking the agency to explain why it spends much of the money collected from royalties on business expenses. PRS represents the enforcement rights of it…