PRS seek to raise fees
Subject: PRS seek to raise fees|
From: GUEST,The Shambles
Date: 04 Dec 10 - 07:23 AM
Monday 29th November 2010 - PRS Consultation on Ticketed Live Music Events
New Years Eve sees the close of the PRS consultation on raising their fees for ticketed live music events. The deadline was extended from 7th September 2010.
Currently at 3% of ticket price, the PRS fee has not been changed since 1998. The rights organisation claim they have been urged by "key stakeholders and some customer groups within the sector to review the tariff". Their intention is to bring the rate more inline with European standards of 10% of the ticket price.
Events and Corporate Hospitality magazine Red Carpet received a copy of the consultation document and say in their web article, "Its
rationale for review rests on the fact that the current tariffs have been in place for the past 20 years. "The live music industry has
changed considerably in the last twenty years and this consultation will be open to everyone, to discuss the changes and whether the
current tariff structure is relevant for today's live scene in the UK," said Jeremy Fabinyi, executive director licensing, PRS for Music.
They estimate that "Music fans spent around £1.45bn on live music in 2009 and this was up 4% on the previous year".
Red Carpet estimate that PRS will be looking to raise the rate to around 8% which is almost treble the current rate. This represents
blatant greed by PRS at a time when live music is set to suffer as much as any other sector from austerity measures and an increase in VAT.
Since the consultation is open to everyone, then we all have the opportunity to voice our disapproval. The PRS Consultation on ticketed
music events is at this address,
and you can email your opposition to,
Keep Live Music
Live Music Forum
Subject: RE: PRS seek to raise fees|
Date: 04 Dec 10 - 09:16 AM
No Surprise here then.
There should be a PRS. There should be copyright laws.
Just not the ones were stuck with.
Subject: RE: PRS seek to raise fees - UK|
From: Simon G
Date: 04 Dec 10 - 01:20 PM
To me 3% seems extremely low. The composers contribution to an event where the performer probably get 50-85% is worth more then 3%. 10% doesn't seem to high.
I would only support it if PRS removed their extortionate fees for small events in pubs, their rate for a typical singaround I've been to is 50-100% of the revenue - and they seem surprised their fee often gets avoided, quite illegally of course.