British musicians make over £100 million from abroad in 2008

Takings for UK talent have risen by £20 million in a year

British musicians are earning £20 million more from their royalties than last year.

Homegrown talent earned £139.6 million overseas in 2008 – compared to £121.2 million in 2007.

The PRS for Music, formerly known as the Performing Rights Society, said big UK bands touring internationally increased the income.

According to BBC News four of last year’s globally biggest selling albums were British artists.

Coldplay stood as the best-selling, Duffy was fourth while Leona Lewis and Amy Winehouse (whose album ‘Back To Black’ was actually released in 2006) came sixth and seventh.

America is the biggest earning foreign territory for UK acts, with Germany second and France third.