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PRS launches overseas tariff calculator

Members of UK PRO PRS for Music now have access to an online tool that works out their royalty entitlements when playing internationally

By IQ on 03 May 2017

Karen Buse, PRS for Music

image © PRS for Music

British performance rights organisation (PRO) PRS for Music launched an online tool aimed at helping members performing overseas to negotiate fair royalty payments.

The new ‘live concert tool’ automatically calculates a country’s local live tariff, ensuring the correct tariff is applied and providing users with estimates of royalty value per concert. It can also be used post-performance, enabling PRS members to review the progress of a royalty payment and see the royalties they will receive after discounts have been applied.

Karen Buse (pictured), PRS for Music’s executive director of membership and international, comments: “With our expert knowledge we have managed to develop this technology before anyone else and create a real solution to a complicated issue.

“This tool could help bands of a certain size save potentially hundreds of thousands of pounds on a large tour”

“We have created something that our touring members will greatly benefit from; it could help bands of a certain size save potentially hundreds of thousands of pounds on a large European or even world tour.”

Artists and managers interested in gaining access to the tool should email liveconcertservice@prsformusic.com.

The UK live business is still awaiting the results of a review of the tariff for live music events, which has been set at 3% of gross box-office receipts since 1988. Among those who have voiced their concern about any future increase is the Association of Independent Festivals, which has warned that any rise in the 3% popular music concerts (LP) tariff would be “catastrophic” for grassroots music festivals.

 


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