In 2019’s Quarter 1 (Q1) PPL, the collecting society for performers and record labels, achieved its largest ever distribution of international revenue.
PPL collected £16.1m from more than 50 collective management organisations (CMOs) around the world and distributed that revenue to 40,000 performers and recording rightsholders.
This latest figure exceeds the next largest Q1 distribution, which took place in 2017, where £15.7m was allocated to 33,000 performers and rightsholders.
PPL’s international collections service collects money from overseas CEOs for music being played publicly, broadcasted on TV and radio, and private copying.
Following the completion of a bilateral agreement between PPL and Albania’s performer society AKDIE, the Q1 distribution included the first ever payment from Albania.
PPL now has 92 international collection agreements, including with Africa, Australia, Europe, North and South America.
Peter Leathem, chief executive officer, PPL says: ‘We are very proud to be paying over 40,000 performers and recording rightsholders in our first distribution of 2019. Today’s record Q1 distribution comes off the back of our announcement in January that our international collections grew by 40 per cent in 2018 to £70.9m.
‘These achievements are made possible by the expertise and hard work of the staff throughout the company and we will be working hard throughout 2019 to maximise revenue for those are entitled to receive payments from PPL.’
Laurence Oxenbury, director of international, PPL added: ‘This record Q1 distribution is reflective of PPL’s position and specialist knowledge in the global music industry. Our agreements with other CMOs mean we cover 93 per cent of total global performance royalty value.
‘We continue to invest, along with our fellow CMOs, in raising the quality of data and the efficiency with which it is exchanged around the world. This means we can be faster and more accurate in our identification of music use on a global scale, and therefore distribute more royalties to PPL performers and recording rightsholders.”