In 2018 PPL, the collecting society for performers and record labels, achieved its largest ever annual collection of £70.9 million.
The collections represent 43 percent growth on the £49.6 million collected by the society in 2017, and continues a trend of growth since the service launched in 2006.
In 2006 PPL collected £6 million and has now gathered £429.1 million of international rights payments.
The society’s international collection business collects money overseas for music being played publicly, broadcasted on TV and radio, and private copying.
PPL has 92 collection agreements in place around the world and receives 43 percent of all performer neighbouring rights payments, which are an important revenue stream for performers and rightsholders.
In 2018 they signed six new international collection agreements, including Audiogest (Portugal), AGATA (Lithuania), and AKDIE (Slovenia).
PPL also reported significant payments from Belgium, France, the Netherlands and Canada, alongside a notable payment from GVL, the German CMO for performers and recording rightsholders.
Laurence Oxenbury, director of international, PPL says: ‘At PPL we are honoured by the trust our members place in us to manage their valuable rights. We are extremely proud that our collections play a vital role in helping recording rightsholders be in a position to continue investing in new music, and for playing our part in performers, including session musicians, having a real, tangible career in the music industry.’
Tilo Gerlach, Guido Evers, chief executive officers, GVL commented: ‘Working with our colleagues at PPL is an enjoyable challenge. They are committed and focused on ensuring the best for all performers and producers, our cooperation is solution driven and part of our mutual success.’
Peter Leathem, chief executive officer, PPL added: ‘As we edge closer to collecting half a billion pounds internationally since 2006, we want to acknowledge the sheer quality of musical output from the UK, and the industry’s level of consistency in developing talent that is in demand all over the world.’