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Christian Eede , January 29th, 2021 17:04 A new tariff on ticketed online events grossing less than £500 could make a number of streams unviable UK music industry bodies have criticised the Performing Rights Society (PRS) for Music after it introduced a new licence fee for ticketed small-scale live-streamed performances. A number of music industry organisations have expressed concern that the new tariff will leave some grassroots artists out of pocket, at a time that many are relying on such events to make a living amid the COVID-19 pandemic. Such streams have also been a revenue booster for venues struggling with ongoing closure orders due to the coronavirus, and been used as a means of raising money for various charities. ....
By: Gideon Gottfried TOVA Most artists and crews trying to stay alive on livestreaming income are operating on very tight margins.A songwriter rate needs to reflect that, as many industry professionals are currently trying to point out to the PRS, the UK s collecting society. The UK s performing rights organization PRS has introduced a new online live concert rate for livestreamed events generating below £500 ($685) in gross revenue, and the country s live pros aren t happy with it. Artists, which includes PRS members writing their own songs, promoters, venue operators wanting to generate some business via small-scale livestreams while physical events are still banned, will have to to pay the fixed rate via a new PRS online portal in order to obtain the necessary rights, which include the communication to the public and associated mechanical and synch rights of our members repertoire through digital services, as PRS ....
Music industry hits back at new PRS tariffs for livestream performances The new licence fee could have a financial hit on emerging artists Crowdsurfing at a grassroots venue. CREDIT: Brookfield / Stockimo / Alamy Stock Photo Leading music industry bodies have hit out at the Performing Rights Society (PRS) after it announced a licence fee for small livestream performances that could have a financial hit on grassroots artists. Livestream shows have been an alternative source of income for artists during the coronavirus pandemic, with emerging artists offering stripped-back affairs. However, the PRS proposed a new tariff last month of between 8-17% for livestreams, a rise from its usual 4.2% gross from live gigs, per The Guardian. ....
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