PRS for Music Announces Tariff Review of Festivals & Concerts

15 Apr 2015

PRS for Music has just announced that it will be running an eight week consultation on the terms of its Popular Music Concerts Tariff (‘Tariff LP’). The tariff is applied to ticketed live popular music events such as concerts and festivals.

KEY INFORMATION ABOUT THE CONSULTATION-

· The tariff is applied to ticketed live popular music events such as concerts and festivals performing songs composed by PRS for Music songwriters and composers. The tariff was originally set in 1988 and is 3% of gross box office receipts per event.
· A separate tariff, Tariff LC, that applies to live classical music concerts, is not in the scope of this consultation.
· The consultation will run for 8 weeks. The deadline for responses is Monday, 8 June 2015.

You can find out more about the consultation here.