Feedback

Commercial Development Manager

Location: The role will be based across our office in London Bridge and remotely as we operate a hybrid model of working
Salary: Competitive
Term: 
Closing Date: Sunday 24 July 2022

We have an exciting opportunity for a Commercial development Manager to join us on a permanent basis. The role will be based across our office in London Bridge and remotely as we operate a hybrid model of working.

In this the role, the successful applicant will be responsible for the creation and development of our standard licence products and the prices we charge for them, with a focus on increasing income to our members. The successful applicant will be required to demonstrate previous experience in research & development, and sale of existing and new product lines. alongside experience in project managing product and/or pricing development.

About Us

PRS for Music has been at the heart of the music business since 1914, representing our membership of 160,000 songwriters, composers, and publishers. We pay royalties to our members when their musical works are performed, broadcast, streamed, or used in film and TV. We also work on impacting the music industry through collaborations, digital developments, influencing legislation and supporting new musical talent for the future.

About the Role

The Commercial Development Manager will develop, negotiate and implement simplified tariffs and licensing schemes used by the PRS Commercial teams and strategic partners who license the use of PRS and MCPS’ repertoire.

You will support the delivery of Commercial Development strategies to sustainably increase PRS for Music member income through:

  • Development of new products and services,
  • Renegotiation of existing price structures with key markets (e.g. broadcast, digital and live events), trade bodies and customers and addressing competitive threats from new market entrants and disrupting events.
  • Lead the commercial development of assigned standard licensing schemes and tariffs and licensing schemes through negotiation with key stakeholders, trade bodies, identifying and delivering on any opportunities to increase member value through pricing improvements.
  • Formulate public consultation papers and the respective response summary (when applicable) for each tariff or licensing scheme including liaison with key stakeholders, MCPS, PPL PRS, PRS marketing, PRS legal etc.
  • Manage the implementation of approved tariffs and licensing schemes within PRS or at PPL PRS by providing all required materials (including, tariff/scheme copy, guide notes, marketing materials, training collateral etc.) and conducting a 3, 6 and 12 month checks to assure anticipated financial benefits of the new licence tariff/scheme have been, and will continue to be, delivered.
  • Deliver high quality market and industry analysis and support development of the underlying analytical frameworks for the ongoing review and development of PRS tariffs and licensing schemes.
  • Support timely resolutions to customer queries escalated by customer facing staff relating to interpretation and application of current PRS tariffs, schemes and licensing policies.
  • Responsible for the formulation of Board and Committee papers for all developments requiring formal approval.
  • Build and maintain relationships with relevant stakeholders including internal staff, Member Committees, Advisory boards, Boards, customers and representative organisations.

About You

The successful candidate will have/be:

  • Previous experience in the creation and development of new products and services in a B2B setting
  • Exceptional communication and stakeholder management experience gained within a B2B setting
  • Tenacious and creative approach, with proven success in problem-solving and ideas generation
  • Experience of project managing new initiatives
  • A high level of commercial awareness incorporating financial and legal concerns
  • Proven experience in dealing with B2B customers and establishing, fruitful and long-term client relationships
  • A high level of attention to detail with the ability to effectively manage a varied workload
  • Excellent written and verbal communication skills
  • Experience of conducting economic analysis and research
  • Relevant experience gained within the entertainment industry

Why PRS?

We have worked hard at PRS for Music to create a culture where each colleague can bring their true selves to work and thrive.

We want you to have the work/life balance you need, so our flexible working approach covers both location and hours. You can work with your manager to find the hours that work best for you, as long as you are available for meetings when needed. We even provide the opportunity twice a year to work remotely, for up to a month at a time, in the UK or abroad.

We love music and host events so we can socialise as a team and share our passion. From our legendary Christmas Gig and PRS Presents to quizzes, drag queen bingo, comedy nights and team socials. Wellbeing is high on our agenda with a full programme of events, webinars, and initiatives, plus a team of Mental Health First Aiders to ensure we are happy, healthy and engaged.

Next Steps

Does this sound like you? If so, we would love to hear from you – apply now and send your CV & Covering Letter to recruitment@prsformusic.com by Sunday 24 July 2022.

switching account

Switching your account...