Grassroots venues, direct licensors welcome new PRS tariff
The new tariff LP, which includes a specific festival rate, a direct licensing tool and the abolition of the minimum fee, has been welcomed by a cross-section of the biz
News By | 15 May 2018
Campaigners for direct licensing, along with grassroots venues and festivals, have welcomed today’s announcement by the UK Copyright Tribunal that it has approved a new popular music concerts (LP) tariff after more than three years of negotiations.
British performance rights organisation (PRO) PRS for Music launched an industry wide consultation on tariff LP, which applies to live popular music events, in April 2015. Terms of the new-look tariff – which had been levied at a flat rate of 3% of gross box-office receipts since 1988 – were agreed with a cross-section of industry associations last September.
However, the final decision was delayed by an objection by PACE Rights Management – which sought to enshrine a provision for direct licensing for festivals, which are facing rising bills as a result…
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