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For some of these institutions, this lowering of fees will just have been an exercise in moving money from upfront bursaries into fee waivers.
The shift of focus away from upfront specialist music to more playlisted hours is one which the management feel will enable the station to compete with the likes of Capital and Galaxy FM.
The climate is changing: With the increasing move to commercial contracts with payments in arrears, away from upfront payment of grants, there is an increasing working capital requirement in the charity sector.
If a vast majority of a franchiser's revenues comes from upfront fees, run.
The new funding was led by PeakSpan, with participation from Upfront Ventures and High Alpha.
The startup has raised $40 million from Upfront and other investors, including AMC Networks, Advancit Capital, QueensBridge Venture Partners and (TechCrunch's parent company) Verizon Wireless.
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Over the past few years more and more professional acts have moved over from paid to free, liberating themselves from large upfront costs and obsessively checking ticket sales.
Some $65 million would come from one-time franchise fees, and $54 million would come from an upfront payment of three-year licensing fees, according to Mr. Rogers.
Given that the volume totals did not increase much, if at all, from the upfront last spring, it seems that demand is less robust than had been forecast.
"Wednesday's autumn statement bombshell banning letting agents from charging upfront fees to tenants couldn't have come at a worse time for the sector.
"The 'death of TV' seems to be overstated," he added, "but the health of broadcast is not to be deciphered from this upfront".
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