PPL announces largest ever distribution to performers and record companies

More than £150 million was distributed, up 12 percent on the previous highest amount.

Music licensing company PPL has made its largest ever distribution to performers and record companies, up 12 percent on the previous highest amount (£135.0 million in June 2017).  A record £150.7 million was distributed in June this year and over 86,280 performers and record companies received a payment.  PPL distributions are derived from the revenues generated by the licensing of recorded music when broadcast and played in public, both in the UK and internationally.

The June distribution included a record international value of £25.7 million – up 39 percent (£7.2 million) on the previous largest amount (£18.5 million in September 2017).  PPL has collaborative relationships with its equivalent collective management organisations (CMOs) around the world. This entitles PPL to collect revenue on behalf of performers or record companies when their music is played in relevant countries.  With this latest payment, significant collections have been distributed for performers and record companies from Germany (GVL), France (ADAMI), Netherlands (SENA & NORMA), Belgium (Simim) and the USA (SoundExchange) with the first payment of monies from PPL’s recently signed agreements with Lithuania (via PPL’s new agreement with AGATA) and South Africa (SAMPRA) also being distributed. 

These international collections are an important revenue stream for performers and record companies in an ever evolving industry.  PPL now has 90 collection agreements in place around the world and it receives over a third of all performer neighbouring rights payments moving between CMOs globally. 

With data on over 11.5 million recordings, the company is able to help ensure that performers are correctly linked to their repertoire and support record companies with managing their recordings, which improves the quality of data.  This ensures that revenues collected can be maximised. 

Peter Leathem, Chief Executive Officer at PPL said: “PPL’s latest distribution of £150.7 million sets a new high for the company.  Over 86,280 performers and record companies received a payment – over 5,800 more than this time last year (an increase of 7 percent). 

With our investment in technology, continued focus on customer service, and our drive to keep improving the quality of our data, we continue to deliver positive results that benefit performers and record companies, both in the UK and around the world.

Our specialist knowledge of the neighbouring rights market, combined with our relationships with UK licensees and global collective management organisations, help us to collect monies that enable music makers to continue making the recorded music that is used and enjoyed by businesses, on radio and on TV.”

 


 

For further information or interviews, please contact:

Clive Drew, PR Manager, PPL 0207 534 1262 / 07703 729095 / clive.drew@ppluk.com