Auditing the Performing Rights Society - investigating a new European Union Collective Management Organization member audit method. (4th February 2020)

• Record Type: Journal Article
• Authors: Gilfillan, Graeme; Vyver, Abraham Gert Van Der
• Is Part Of: International journal of technology policy and law. Volume 3:Number 2(2019)
• Page Start: 143
• Page End: 159
• Publication Date: 2020-02-04
• Subjects: audit -- chain of title -- royalty supply chain -- royalty audit -- legal audit -- Collective Management Organization -- CMO -- Performing Rights Society -- PRS -- Duran Duran -- CISAC; Technology and law -- Periodicals; Technology and state -- Periodicals; 344.09505
• Languages: English
• ISSNs: 1742-4240

Abstract

The European Union Rights Management Directive 2014/26/EU, provides regulatory oversight of European Union (EU) Collective Management Organizations (CMOs). However, the Directive has no provision indicating how members of EU CMOs may conduct non-financial audits of their CMO income and reporting. This paper addresses the problem of a lack of an audit method through a case study of the five writer members of the music group Duran Duran, who have been members of the UK's CMO for performing rights - the Performing Rights Society (PRS) for over 35 years. The paper argues a new audit CMO member method that can address the lacunae regarding the absence of CMO member right to audit a CMO and an applicable CMO audit method.