Live events industry
PRS For Music has announced that it has closed its consultation on the live music royalty rate, and that the royalties charged for popular music events in the UK will remain unchanged at 3% of ticket receipts. The society’s Director Of Public Performance Keith Gilbert said “As the organisation that represents the creators behind the music, it is right that we continually review our charges and approach, ensuring there is a fair balance between music users and creators. From the outset we made it clear that this was an open consultation, allowing us to genuinely evaluate if the current tariff structure was still relevant for today’s live scene. We received many helpful responses with feedback largely supporting the consultation process, regarding it as sensible to review after 20 years”. He continued: “Responses showed that since the last review the live industry had changed significantly with live music becoming a more professional enterprise and thriving mainstream leisure activity. However as the market has grown, so have the costs associated with putting on events. After a number of discussions and reviews it was agreed that that no changes should be made at present. We will continue to work alongside the industry to ensure our tariffs both support the rights of the creator, whilst recognising the contribution of all parties involved in making the UK live music business the success that it is”.