Saturday 21 November 2015

BUMA deadlock until December

The royalty tariff for live concerts in the Netherlands for venues and promoters has still not been set, and BUMA Stemra's Supervisory Board has given the collection society more time to draw up a new proposal for the live industry for the rate payable for the use of songs at live events. The rate is currently 7% of gross ticket revenues - but more recently artistes discovered BUMA was rebating up to 25% to some promoters.

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