can be read here, is countersigned by more than 50 artist managers, including representatives for Liam Gallagher, Dua Lipa, Biffy Clyro, Fontaines DC, Gorillaz and Yungblud, as well as a group of FAC member artists and songwriters.PRS has described the proposed livestream tariff as a “temporary experimental and non-precedential rate structure”, and according to IQ, it has been devised without any industry consultation.A fee of up to 17% of gross ticket sales would be levied on live-streamed events, and would be applied retrospectively to events which have already happened.The lowest royalty rate would see 8% applied to virtual concerts that gross under £50,000, which is double the 4% generally charged on a physical concert under the.
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