PRS for Music publishes summary of responses on live music industry consultation
Summary of responses is released for tariff review on festivals and concerts
PRS for Music has today published a summary of responses from its consultation on the terms of its Popular Music Concerts Tariff (‘LP’) that is applied to ticketed live popular music events such as concerts and festivals.
The consultation commenced on 13 April 2015 for an initial 8 week response period. The deadline for responses was subsequently extended until 30 September 2015 following a request from the Concert Promoters Association (CPA) which, supported by a number of industry bodies, expressed interest in carrying out their own research as a response to the findings outlined in the consultation documentation.
The aim of the consultation was to engage with a wide range of live industry sectors, from grassroots to large scale concerts and festivals as well as industry trade bodies, to conduct a comprehensive review of the live music industry. The consultation received a total of 111 direct responses from across the industry, including PRS for Music members, covering the majority of the live market.
After a detailed review of all consultation responses, the published summary of responses sets out a broad range of views from PRS for Music customers, members and the live music sector.
We thank our customers, members and trade bodies for providing their views and comments throughout the consultation process, the purpose of which was to provide us with additional insight and knowledge into reviewing PRS for Music’s Tariff LP, set by the UK Copyright Tribunal back in 1988. We very much appreciate the input of those who provided considered answers and thought in their responses. It has been a productive process in raising a range of considerations which we will now address in further engagement with the industry. Through collaborative discussions, we aim to determine a tariff that is fit for purpose and recognises the valuable contribution that our songwriters and publishers make to the live music industry.
PRS for Music will now seek discussions with the sector to define the future approach for licensing live events, anticipating a revised tariff LP to be presented in spring 2016.
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Notes to Editors
About the Consultation
- The Popular Music Concerts Tariff is applied to ticketed live popular music events such as concerts and festivals performing songs composed by PRS for Music songwriters and composers. The tariff was originally set in 1988 and is 3% of gross box office receipts per event.
- A separate tariff, Tariff LC, that applies to live classical music concerts, is not in the scope of this consultation.
- Visit the live consultation page to find out more about the consultation process.
About PRS for Music
PRS for Music is a world-leading music collective management organisation representing the rights of more than 165,000 talented songwriters, composers and music publishers around the globe. Headquartered in the UK, it works diligently on behalf of its members to grow and protect the value of their rights. With a focus on innovation and integrity, PRS for Music is redefining the global standard for music royalties to ensure creators are paid whenever their musical compositions and songs are streamed, downloaded, broadcast, performed and played in public. In 2022, PRS for Music collected £964m and paid out £836.2m in royalties. prsformusic.com