The figures indicate how earnings from broadcasters and online stores are displacing physical sales of CDs in terms of generating income for musicians and their publishers.
MCPS-PRS said that income from broadcasting and online sources increased by seven per cent in 2007 to £155.5m.
"The important thing is to be able to collect [revenue] in new ways and new places to make up for the obvious decline in CD sales," Steve Porter, MCPS-PRS Alliance chief executive, told The Financial Times.
The figures also show that just 0.01 per cent of the MCPS-PRS Alliance's 50,000 members, or about five people, earn over £1m a year from song copyrights. The vast majority (95 per cent) earn less than £10,000 a year.