Merlin annual revenue doubles to $89m

Merlin, the global rights agency for the independent music sector, has seen its year-on-year revenues (May 2013-April 2014) double to $89m (£52m), as it reveals that digital income now accounts for more than 50% of business for the majority of indies.

And there's more good news: the agency’s projected payouts to its members over the next 12 months are now expected to exceed $160m (£94m). 

In the results of a new annual member survey that accompany its fiscal announcement, the ...

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