Committees at PRS for Music are made up of writer and publisher members, along with non-executive directors and observers.
Their purpose is to support our Board and Members' Council. They meet regularly to focus on key areas of the business, including:
The Audit Committee reviews, assesses and monitors the following:
The Conflicts Committee is made up of the external directors of the Members' Council and provides guidance and recommendations on specific conflict situations and advice on the application of our Conflicts of Interest Policy.
The Distribution Committee approves changes to our distribution policy principles and the introduction of any new distribution policies in relation to PRS, MCPS or joint revenue streams.
The Licensing Committee reviews and directs overall licensing strategy and policy. It approves:
The work of the Committee is informed by the Licensing Commercial Advisory Group (LCAG).
The Licensing Committee Advisory Group (LCAG) brings together knowledge and expertise in production and commercial music to provide advice and guidance to the Licensing Committee, and shape overall licensing strategy at PRS for Music.
LCAG provides insight on current topics and challenges in the licensing of commercial and production music, with representation from writers and publishers to reflect the values of our members. LCAG members are elected by the PRS membership or appointed by the Licensing Committee in the event of a casual vacancy. The LCAG is comprised of a maximum of 10 writer and 10 publisher members. The LCAG is currently chaired by writer member Steve Levine.
This group has been created in place of the Commercial Advisory Group (CAG) and Production Music Advisory Group (PMAG) effective January 2023. As a single forum, the group will have more tools and resources at their disposal and be a fairer representation of our membership.
The Nominations Committee advises the Members’ Council in respect of the appointment of the Chief Executive, appointment of and succession planning for independent non-executive directors to the Council and Board, appointment of writer and publisher Council members to the Board and appointment of the Chair of the Board.
The Committee advises the Board in respect of succession plans for the Chief Executive and senior management.
The Remuneration Committee advises the Members’ Council in respect of the remuneration package of the CEO, iNEDs and Council Members.
The Committee advises the Board in respect of the remuneration strategy for senior management and executive reward and incentive programmes and policies. Senior management roles are defined as those both reporting to the Chief Executive and forming part of the senior management team of the Company.
The Committee also oversees the overall remuneration of any other employee earning a base salary of £185k or more per annum.