PRS tariff dispute nears end as all parties reach agreement
The fate of the LP live tariff is now in the hands of the UK Copyright Tribunal, after changes were approved by industry stakeholders
News By | 7 September 2017
The long-running review of the UK popular music concerts (LP) tariff looks to be approaching its conclusion, with PRS for Music confirming it has the support of all “major relevant industry bodies” to push ahead with overhauling the nearly 30-year-old fee structure for shows and festivals.
In a statement released today, a PRS spokesperson says the performance rights organisation has applied to the Copyright Tribunal to “vary the terms of tariff LP”, which has been levied at a flat rate of 3% of gross box-office receipts since 1988.
“This submission has been made with the support of all of the major relevant industry bodies representing the live sector, and is now with the tribunal for its determination. We have nothing further to add at this stage.”
The…