[Fmpro] Fixed DW...... PRS changes?

[leshurdle]

Just to be clear.......... while in some PRS terminology the FPV is  
used, it should be noted the better way to clarify the situation is  
as follows;

The decrease in 'value' for NPT distributable payment[s] is around  
20% [less] of the previous flat rate system.

Be careful of semantics.

Nonetheless..... how is anyone going to know via their ASCAP/BMI/ 
SESAC statements?

Anyone???????????????????

L



On Aug 7, 2007, at 8:29 AM, leshurdle wrote:

> Hi Doug,
>
> No.. not putting you in a corner ;-)
>
> Given PRS has now instituted changes in the manner money is  
> distributed;
> 12 midnight to 6.00 p.m. [18 hours] is to be called Non Prime Time NPT
> 6.00pm to 12 midnight [6 hours] is to be called Prime Time [PT].
>
> This means, as I understand it,  a 'credit', which PRS seems to call
> an FPV, Fixed Point Value, will be valued [paid] for 18 hours, 75% of
> the day at 50%, and the FPV for 25% of the day will be valued [paid]
> at 200%.**
>
> How is ASCAP going to make this change clear to its members who have
> music on air in the UK?
> How is ASCAP going to show on a statement if the income is from
>   the NPT part of the day or the PT part of the day and more to the
> point, how the amount was calculated?
>
> Might I also ask BMI/SESAC/GEMA/SACEM/SGAE et al reps who read this
> list how they will make the same data known to their members?
>
> Best
>
> Les
>
> ** you might wonder why this only applies to TV !!
>
>
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