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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 ....

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