* Production music rates for use in radio and TV advertising - frozen at 2009 prices.
* New tariff announced for production music used in training, promotional and corporate videos.
PRS for Music has confirmed that production music rates for 2010 will be frozen at 2009 prices. The annual Production Music Rate Card, published on 4 January 2010, offers good news for businesses requiring music for their products, productions or services.
In addition to the price freeze, a brand new tariff for music used in corporate and promotional videos will be introduced. Alongside the established tier of £35 per 30 second clip (or part thereof), producers will be able to roll all music clips or cues together, using as much production music as they like, for a one-off fee of £250 per production. This includes online usage, unlimited copies and worldwide rights in perpetuity.
"Being able to deliver blanket agreements, pre-cleared for any type of usage with the added bonus of affordability and versatility is exactly what our customers need and want" says Paul Clements, Licensing Director
MCPS (part of the PRS for Music group) represents over 160 production music libraries including their 300,000+ tracks and sound effects. "If the customer can't find a suitable piece of music from that collection, then it simply doesn't exist" says Clements.