The Association of Independent Festivals (AIF) has warned against any move by collection society PRS for Music to increase the fees paid by their members for UK concerts and events. PRS Tariff LP currently charges 3% under tariff LP to all concerts and festivals. A review of this tariff was launched last year and AIF are warning against the ‘catastrophic effect’ that a rise to the live tariff would have on grassroots events. The AIF are calling instead for a separate festival tariff that will take into account the unique nature of staging music festivals and the multi arts format of many events, as well as their role as incubators of new talent. Such a model already exists in Ireland with the ‘multi-venue’ Tariff MS.
In Canada, live performance royalties grew to a record high in 2015 in what the Society of Composers, Authors and Music Publishers of Canada (SOCAN), called “another remarkable year” for the collection society. According to SOCAN’s 2015 financial report ‘general and concert revenue’ increased 4.9% to C$39.6 million last year (up from $37.7m in 2014), demonstrating the “continuing popularity for live music in Canada”.
PRS for Music have extended the consultation to review the terms of it's Popular Music Concert Tariff (Tariff LP). Tariff LP is applied to ticketed live popular music events such as concerts and festivals. Currently promoters pay 3% of Box Office receipts (after VAT) to the PRS for songwriters. The extension has been granted following the Concert Promoters Association’s (CPA) stated interest in conducting its own research in response to PRS for Music’s consultation documentation which was announced on April 13. The extension will help the CPA respond more comprehensively to the tariff review and the PRS welcomed the CPA’s commitment to engaging in this process. The extension is also supported by a number of industry bodies in the live sector. Tariff LP was originally agreed in 1988, though was last reviewed as recently as 2010/11, when the PRS decided to keep the system as it was. The deadline for the consultation’s completion has now been extended until 30 September.
PRS for Music have extended the consultation to review the terms of it's Popular Music Concert Tariff (Tariff LP). Tariff LP is applied to ticketed live popular music events such as concerts and festivals. Currently promoters pay 3% of Box Office receipts (after VAT) to the PRS for songwriters. The extension has been granted following the Concert Promoters Association’s (CPA) stated interest in conducting its own research in response to PRS for Music’s consultation documentation which was announced on April 13. The extension will help the CPA respond more comprehensively to the tariff review and the PRS welcomed the CPA’s commitment to engaging in this process. The extension is also supported by a number of industry bodies in the live sector. Tariff LP was originally agreed in 1988, though was last reviewed as recently as 2010/11, when the PRS decided to keep the system as it was. The deadline for the consultation’s completion has now been extended until 30 September.
