Article summary
The Performing Right Society for Music (PRS) has signed a service agreement extension with the Mechanical-Copyright Protection Society Limited (MCPS) until the end of 2025, reaffirming their long-term relationship. The extended agreement will see PRS continue providing its rights management services to MCPS and its members. Additionally, this agreement will allow PRS and MCPS to continue with their joint licensing of mechanical and performing rights. This simplifies the process for customers in obtaining rights and also reduces the administration costs for rights holders. PRS notes the shared commitment of the respective agreeing parties to a comprehensive licensing and growth strategy.
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