NBR stands for Net Broadcasting Revenue.
In summary, it is 85% of the gross income (before any deduction of agency commissions or any other deductions) whether in money or money’s worth derived and received by the licensee, including but not limited to advertising, sponsorship, barter and contra deals and other revenue related to the licensee’s broadcast and simulcast(s).
The definition of Net Broadcasting Revenue is set out in detail in our PPL PRSfM Joint Licence for Community Radio Summary.