Songwriters and bands get a share in €37.7 million royalties bonanza

Bands including Boyzone and The Corrs along with hundreds of others shared a €37.7m bonanza last year from the public performance and broadcast of their songs.

Yesterday, the Irish Music Rights Organisation that collects royalties on behalf of the artists, confirmed that revenues at the organisation totalled €36.5m last year — a drop of 4% on 2010.

Chief executive of Imro, Victor Finn, confirmed €37.7m was paid to its members last year.