Note: The below questions relate to the transition from PRS and MCPS-PRS Alliance to PRS for Music and The Mechanical-Copyright Protection Society (MCPS).
There was no change to any company policies in terms of rights for members or licensees or to the rights for either mechanical usage or performing usage. The change was simply one of brand identity to make it stronger, and did not affect the company structure in any way.
Yes, the MCPS still exists as a legal entity and as a brand for physical products’ mechanical rights.
No, brand is ‘PRS for Music’: This has replaced ‘PRS’ and ‘MCPS-PRS-Alliance’. The MCPS brand still exists for an interim period. All operational and commercial activity for ‘mechanical’ rights will continue unaffected. The ‘Mechanical-Copyright Protection Society’ legal entity will remain, as will the ‘Performing Right Society’.
Customers did not need to change any bank details.
No, the legal entity remained, which means that all contracts, licensee agreements or member agreements entered under ‘Mechanical-Copyright Protection Society’, ‘Performing Right Society’, or ‘MCPS-PRS Alliance’ have remained and were unaffected.