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SPENCER-SMITH LANDS WITH AG MANAGEMENT, WCM (UPDATE)
New manager, pub deal (6/28a)
BIZ RESPONDS TO ROE V. WADE DECISION (UPDATE)
Artists and companies unite. (6/27a)
PERFORMERS SPEAK OUT AT GLASTO
Singers voice their dismay over the Supreme Court's latest decision. (6/28a)
BST HYDE PARK: BIGGER THAN EVER
England swings. (6/28a)
BIG RED'S BIG POP RUN (UPDATE)
Nine in the Top 40 (6/27a)
SUPERSTAR RELEASES
Who's next?
MUSIC BIZ SPECIAL
It's Comic-Con for numbers geeks.
THE BIG CHEESE
Theories of evolution from 30,000 feet.
THE NEXT GIANT DEAL
A&R in overdrive.
Blighty Beat
PRS FOUNDATION CUTS OPPOSED
6/6/22

More than 50 arts and music organizations are asking PRS for Music to reconsider its proposed 60% cuts to its PRS Foundation talent development program.

In an open letter, the group wrote, “PRS for Music’s track record and the music industry itself will be damaged for the foreseeable future if its unprecedented cutback of Foundation funding is enacted. We stand together to urge PRS for music to halt its proposed cuts to PRS Foundation and reverse a decision that could set the fragile post-COVID music economy back by decades.”

The group noted that the PRS Foundation, the U.K.'s leading charitable funder of new music and talent development, backed nearly 500 new music initiatives. Sam Fender, Dave, Glass Animals and Little Simz are among the acts that have benefitted from the foundation.

“With 60% less investment, there will be 60% fewer successes,” reads the letter in the campaign #HALTCUTSTOPRSF led by Punch Records CEO Ammo Talwar. “We do not believe a drastic rollback to 2000-levels of investment is fair, reasonable or even justifiable.”

The #HALTCUTSTOPRSF letter can be read here.