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</o:shapelayout></xml><![endif]--></head><body lang=EN-GB link=blue vlink=purple><div class=WordSection1><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D;mso-fareast-language:EN-US'>No Ian, it&#8217;s definitely not income less all operating costs, wish it were! We have been over this many times at length in past year&#8217;s postings, but as a reminder&#8230;<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D;mso-fareast-language:EN-US'><o:p>&nbsp;</o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D;mso-fareast-language:EN-US'>For the purposes of collecting society charges, Net Broadcast Revenue is defined simply as Gross Airtime Revenue less 20%.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D;mso-fareast-language:EN-US'><o:p>&nbsp;</o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D;mso-fareast-language:EN-US'>(It&#8217;s only income from airtime related activities that is counted for royalty payments, and in this context, the word &#8220;net&#8221; means net of the costs of bringing in that airtime revenue. The major cost is assumed to be agency commission, which of course varies, but for simplicity a flat rate allowance of 20% is made. There are additional allowances for the costs of putting on sponsored OBs.)<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D;mso-fareast-language:EN-US'><o:p>&nbsp;</o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D;mso-fareast-language:EN-US'>The gross revenue is any revenue received in return for on-air broadcasting activities, generally adverts and sponsorship, and including the value of barter deals where no money actually changes hands.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D;mso-fareast-language:EN-US'><o:p>&nbsp;</o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D;mso-fareast-language:EN-US'>The amount claimed by the collecting societies is generally a percentage (eg 2% or 3%) of that NBR, subject to a minimum charge that is paid even if net revenue is zero.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D;mso-fareast-language:EN-US'><o:p>&nbsp;</o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D;mso-fareast-language:EN-US'>Alex<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D;mso-fareast-language:EN-US'><o:p>&nbsp;</o:p></span></p><div><div style='border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0cm 0cm 0cm'><p class=MsoNormal><b><span lang=EN-US style='font-size:11.0pt;font-family:"Calibri",sans-serif'>From:</span></b><span lang=EN-US style='font-size:11.0pt;font-family:"Calibri",sans-serif'> cma-l-bounces@mailman.commedia.org.uk [mailto:cma-l-bounces@mailman.commedia.org.uk] <b>On Behalf Of </b>Ian Hickling<br><b>Sent:</b> 01 July 2016 22:16<br><b>To:</b> The Community Media Association Discussion List &lt;cma-l@mailman.commedia.org.uk&gt;<br><b>Subject:</b> [cma-l] Joint PRS/PPL licences<o:p></o:p></span></p></div></div><p class=MsoNormal><o:p>&nbsp;</o:p></p><div><p class=MsoNormal style='margin-bottom:12.0pt'><span style='font-family:"Calibri",sans-serif;color:black'>It's not &quot;Turnover&quot; Eddie - it's &quot;Net Revenue&quot; - what you have left after you've paid all the operating costs.<br>Not a lot?</span><span style='font-family:"Calibri",sans-serif'><o:p></o:p></span></p><div><p class=MsoNormal style='line-height:17.05pt;background:white;background-image:initial;background-attachment:initial;background-size:initial;background-origin:initial;background-clip:initial;background-position:initial;background-repeat:initial'><span style='font-family:"Calibri",sans-serif;color:#222222'>Ian Hickling</span><span style='font-family:"Calibri",sans-serif;color:#444444'><o:p></o:p></span></p></div><p class=MsoNormal style='line-height:17.05pt;background:white'><span style='font-family:"Calibri",sans-serif;color:#222222'>Partner</span><span style='font-family:"Calibri",sans-serif;color:#444444'><br><br><a href="http://www.transplanuk.com/" target="_blank"><span style='color:#1155CC;border:solid windowtext 1.0pt;padding:0cm;text-decoration:none'><img border=0 width=100 height=100 id="ecx_x005f_x0000_i1025" src="cid:~WRD390.jpg" alt="Image removed by sender."></span></a><o:p></o:p></span></p><div><p class=MsoNormal style='line-height:17.05pt;background:white'><i><span style='font-size:10.0pt;font-family:"Arial",sans-serif;color:#222222'>Office: 016 3557 8435&nbsp;&nbsp;(07h to 22h GTS)</span></i><span style='color:#444444'><o:p></o:p></span></p></div><div><p class=MsoNormal style='line-height:17.05pt;background:white'><i><span style='font-size:10.0pt;font-family:"Arial",sans-serif;color:#222222'>Car: 075 3098 0115 (only responds when driving)</span></i><span style='color:#444444'><o:p></o:p></span></p></div><div><p class=MsoNormal style='line-height:17.05pt;background:white'><i><span style='font-size:10.0pt;font-family:"Arial",sans-serif;color:#222222'>6 Horn Street, Compton, NEWBURY, RG20 6QS</span></i><span style='color:#444444'><o:p></o:p></span></p></div><p class=MsoNormal style='margin-bottom:12.0pt'><span style='font-family:"Calibri",sans-serif'><o:p>&nbsp;</o:p></span></p><div><div class=MsoNormal align=center style='text-align:center'><span style='font-family:"Calibri",sans-serif'><hr size=3 width="100%" align=center id=stopSpelling></span></div><p class=MsoNormal style='margin-bottom:12.0pt'><span style='font-family:"Calibri",sans-serif'>To: cma-l@mailman.commedia.org.uk<br>From: eddie@kcr.fm<br>Date: Fri, 1 Jul 2016 19:15:02 +0100<br>Subject: Re: [cma-l] Joint PRS/PPL licences<br><br>Hmm - Our normal turnover - in total - is only about £12K........ :-)<br><br>Eddie<o:p></o:p></span></p><pre>KCR broadcasts across Moray and beyond on 107.7FM<o:p></o:p></pre><pre>and to the world on the internet at <a href="http://kcr.fm" target="_blank">http://kcr.fm</a><o:p></o:p></pre><pre><o:p>&nbsp;</o:p></pre><pre>KCR is the operating name of Keith Community Radio Ltd.<o:p></o:p></pre><pre>Registered in Scotland: No SC 173805<o:p></o:p></pre><pre>Registered Office: 59a Land Street, Keith, Banffshire, AB55 5AN<o:p></o:p></pre><p class=MsoNormal><span style='font-family:"Calibri",sans-serif'><o:p>&nbsp;</o:p></span></p><div><p class=MsoNormal><span style='font-family:"Calibri",sans-serif'>On 30/06/16 14:59, Canalside's The Thread wrote:<o:p></o:p></span></p></div><blockquote style='margin-top:5.0pt;margin-bottom:5.0pt'><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial",sans-serif;color:black'>I have suggested £2000 pounds for the lot ! as a top figure. When I say the lot, this includes both FM and Internet and ALL on one licence, including D.A.B.&nbsp;&nbsp;&nbsp;&nbsp; if we get it </span><span style='font-family:"Calibri",sans-serif'><o:p></o:p></span></p></blockquote><p class=MsoNormal><span style='font-family:"Calibri",sans-serif'><br><br>_______________________________________________ Reply - cma-l@commedia.org.uk The cma-l mailing list is a members' service provided by the Community Media Association - http://www.commedia.org.uk Twitter: http://twitter.com/community_media http://www.facebook.com/CommunityMediaAssociation Canstream Internet Radio &amp; Video: http://www.canstream.co.uk/ _______________________________________________ Mailing list guidelines: http://www.commedia.org.uk/about/cma-email-lists/email-list-guidelines/ _______________________________________________ To unsubscribe or manage your CMA-L mailing list subscription please visit: http://mailman.commedia.org.uk/mailman/listinfo/cma-l<o:p></o:p></span></p></div><div id=DDB4FAA8-2DD7-40BB-A1B8-4E2AA1F9FDF2><p class=MsoNormal><span style='font-family:"Calibri",sans-serif'><o:p>&nbsp;</o:p></span></p><table class=MsoNormalTable border=1 cellspacing=3 cellpadding=0 style='border:none;border-top:solid #D3D4DE 1.0pt'><tr><td width=83 style='width:41.25pt;border:none;padding:9.75pt .75pt .75pt .75pt'><p class=MsoNormal><a href="https://www.avast.com/sig-email?utm_medium=email&amp;utm_source=link&amp;utm_campaign=sig-email&amp;utm_content=webmail" target="_blank"><span style='border:solid windowtext 1.0pt;padding:0cm;text-decoration:none'><img border=0 width=46 height=29 id="_x0000_i1027" src="cid:image001.jpg@01D1D531.1866F750" alt="Image removed by sender."></span></a><o:p></o:p></p></td><td width=705 style='width:352.5pt;border:none;padding:9.0pt .75pt .75pt .75pt'><p class=MsoNormal style='line-height:13.5pt'><span style='font-size:10.0pt;font-family:"Arial",sans-serif;color:#41424E'>Virus-free. <a href="https://www.avast.com/sig-email?utm_medium=email&amp;utm_source=link&amp;utm_campaign=sig-email&amp;utm_content=webmail" target="_blank"><span style='color:#4453EA'>www.avast.com</span></a> <o:p></o:p></span></p></td></tr></table><p class=MsoNormal><o:p>&nbsp;</o:p></p></div></div></div><br />
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