PPL has paid more £17.4 million to more than 26,000 performers and recording rightsholders in the UK and around the world in its first international revenue distribution of 2023. One of four payments made by PPL annually, the royalties provide an important revenue stream for session musicians and well-known performers, as well as independent and major music companies, as part of their overall portfolio of income.
This quarter’s total comprises revenue collected from 76 collective management organisations, with significant payments from France, Germany, Italy and the USA. PPL collects neighbouring rights royalties overseas where recorded music is used and rights exist for the use of recorded music via radio and TV broadcast, cable retransmission, public performance, private copying, and the copying of recorded music for commercial purposes.
Commenting on the Q1 payment, Laurence Oxenbury, PPL’s Director of International, said, ‘We are pleased to continue delivering world-leading returns to those who invest their time, energy and talent in making the music we all love. Running an independent record company or being a musician can be a precarious business; our focus remains on being a constant and stable source of support for our members as the industry navigates change and various challenges. This latest payment is testament to our efforts and a positive reflection of the work we are driving forward with our members to improve the data quality underpinning the flow of royalties around the world.'
