NCB og PRS for Music inngår samarbeid

NCB og PRS for Music/MCPS har inngått et nytt partnerskap om felles utvikling av systemer til håndtering av vederlag som innkasseres for innspilte medier.

 / 28/09/2010 /

PRESSEMELDING

PRS for Music and NCB (Nordic Copyright Bureau) haveannounced a new partnership to co-operate on recordedmedia royalty processing

27 September 2010

The partnership will see PRS for Music move its recorded media royalty processing onto themore modern and efficient NCB system, which will be developed to cater for PRS for Musicrequirements. Importantly for both PRS for Music and NCB, the partnership responds to rightsholders’ desire for closer co-operation between societies to reduce society costs through theelimination of duplication in processing and in working together to build and run systems.NCB and PRS for Music will establish a joint venture to undertake this development work andundertake future processing. A Programme Board comprising representatives from PRS forMusic and NCB has been installed to oversee delivery of the programme, which is expected todeliver PRS for Music recorded media processing on the NCB system by the end of 2011.

“Our objective is to be the collecting society of choice for rights holders. Consolidation isessential to reducing society processing costs, and choosing NCB as our partner is animportant step in positioning PRS for Music as a hub for rights administration within Europe.”

«NCB’s joint venture with PRS for Music fully supports our core purpose of offering efficient,transparent and competitive copyright management to rights holders and our owners. Relyingon state-of-the-art systems and our joint know-how, we are confident that we have chosen theright strategic partner in this area.»

ENDS

For more information, get in touch:Nicola Formoy, Public Relations Manager:nicola.formoy@prsformusic.com02073064229 / 07539 837436

Barney Hooper, Head of PR:barney.hooper@prsformusic.com02073064548 / 07979 757052

PRS for Music:

PRS for Music represents 70,000 songwriters, composers and music publishers in the UK. As anot-for-profit organisation it ensures creators are paid whenever their music is played,performed or reproduced