Licensing and Finance
In terms of the licensing aspect for our event, the venue we are planning to use already has the licenses necessary for us to have live music played in place. Alternatively, if this was not the case, we would need to look into pricing of the licensing we would need, what licenses would cover us and whether we would actually need it or not.
PRS- This is required to play live music because artists that have PRS would need to receive loyalties any time their songs are played. This would entail us to submit a set list of the songs that are being performed at our event to the performing rights society. Prices may differ depending on what tariffs the license holder has chosen.
PPL- This type of licensing is only necessary when playing pre- recorded music. This means that the company is responsible for paying record companies and performers the loyalties they deserve. Along with PRS, it is very easy to apply for and is a 'must have' for venues such as clubs who play pre- recorded music.
MCPS- This is used for the protection of CD and vinyl recordings, and so would not be relevant to plying music. Therefore not significant for us to worry about.
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