Whois & Analysis for prsformusic.com

PRS for Music Limited (formerly The MCPS-PRS Alliance Limited) is the UK’s leading collection society, bringing together two collection societies: the Mechanical-Copyright Protection Society (MCPS) and the Performing Right Society (PRS).It undertakes collective rights management for musical works on behalf of its 118,000 members.

PRS for Music was formed in 1997 following the MCPS-PRS Alliance.

In 2013, PRS and MCPS-PRS Alliance realigned their brands and became PRS for Music.

A royalty is a payment made by one party, the licensee or franchisee to another that owns a particular asset, the licensor or franchisor for the right to ongoing use of that asset.

Royalties are typically agreed upon as a percentage of gross or net revenues derived from the use of an asset or a fixed price per unit sold of an item of such, but there are also other modes and metrics of compensation.

A royalty interest is the right to collect a stream of future royalty payments.

Copyright is a legal right created by the law of a country that grants the creator of an original work exclusive rights for its use and distribution.

This is usually only for a limited time.

The exclusive rights are not absolute but limited by limitations and exceptions to copyright law, including fair use.

A major limitation on copyright is that copyright protects only the original expression of ideas, and not the underlying ideas themselves.

A license or licence (American and British English spelling differences) is an official permission or permit to do, use, or own something (as well as the document of that permission or permit).