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18 November 2011
PRS for Music closes live music consultation
Summary of responses published today www.prsformusic.com/customerconsultation
PRS for Music has announced the end of its customer consultation on royalty rates for popular music events in the UK. After an extended period of listening and engaging with customers, representative organisations and key stakeholders, the decision was made that no changes should occur to the rate or structure of the tariff. The rate will remain at 3% of ticket receipts.
The open consultation ran for an extended period of 28 weeks, ending on 31 December 2010. 53 responses were received with 7 from representative groups, spanning the breadth of the live music industry. PRS for Music would like to thank all those who took part in the consultation for their valuable contribution to the process.
Keith Gilbert, Director of Public Performance Sales, PRS for Music said: “As the organisation that represents the creators behind the music, it is right that we continually review our charges and approach, ensuring there is a fair balance between music users and creators. From the outset we made it clear that this was an open consultation, allowing us to genuinely evaluate if the current tariff structure was still relevant for today’s live scene.
Gilbert continues: “We received many helpful responses with feedback largely supporting the consultation process, regarding it as sensible to review after 20 years. Responses showed that since the last review the live industry had changed significantly with live music becoming a more professional enterprise and thriving mainstream leisure activity. However as the market has grown, so have the costs associated with putting on events. After a number of discussions and reviews it was agreed that the tariff should remain at 3%. We will continue to work alongside the industry to ensure our tariffs both support the rights of the creator, whilst recognising the contribution of all parties involved in making the UK live music business the success that it is.”
A summary of all the responses can be found at www.prsformusic.com/customerconsultation
For more information, get in touch:
Nicola Formoy, Public Relations Manager:
nicola.formoy@prsformusic.com
02073064229 / 07539 837436
Barney Hooper, Head of PR:
barney.hooper@prsformusic.com
02073064548 / 07979 757052
PRS for Music
PRS for Music represents the rights of 85,000 songwriters, composers and music publishers in the UK. As a not-for-profit organisation it ensures creators are paid whenever their music is played, performed or reproduced; championing the importance of copyright to protect and support the UK music industry. The UK has a proud tradition of creating wonderful music that is enjoyed the world over and PRS for Music has been supporting the creators of that music since 1914.
PRS for Music provides business and community groups with easy access to over 10m songs through its music licences. In an industry worth £3.8bn PRS for Music is uniquely placed to be a voice for music and music creators. Collecting £611m in 2010 PRS for Music is one of the world’s most efficient combined rights organisations. With 150 representation agreements in place globally, PRS for Music’s network represents over 2 million music creators.
www.prsformusic.com
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