News Exec reports into Hartwig Masuch from London Analysis Cash from PPL went up £800,000 in 2014 News Schott Music's Sally Groves also honoured News Midem rumour comes to light News Cost-to-income ratio of 14.1% maintained News Cedric Gervais also signs up to fast-growing service News Investment in BMAT, Radio Monitor and Soundmouse helped boost CMO Analysis Copyright improvements in China are having a real impact on industry income