The live music sector has changed dramatically since 1988, when the current tariff was set by the UK Copyright Tribunal. As a membership organisation, PRS for Music has an obligation to ensure that its licences are fit for purpose – and in respect of Tariff LP that it recognises the valuable contribution the songwriter and publisher members of PRS for Music make to the live music industry. Therefore, a consultation exercise about the terms of Tariff LP was launched in April 2015. The consultation was undertaken with PRS for Music members, licensees, stakeholders and the representative industry bodies in the live music sector.
This consultation was followed by an extended period of negotiation with the key representative bodies in the live music industry about revising the terms of Tariff LP. The representative bodies included the Association of Festival Organisers (AFO), Association of Independent Festivals (AIF), British Association of Concert Halls (BACH), Concert Promoters’ Association (CPA), Glastonbury Festivals Limited, Music Venue Trust (MVT), National Arenas Association (NAA), Society of London Theatre (SOLT), and the UK Theatre Association.