PPL has paid out £43.2 million to rightsholders in its latest distribution. 148,000 performers and recording rightsholders received payments, the highest number ever paid in a quarterly distribution by the organisation.
For the eighth year, non-featured performers also received remuneration for Copyright Term Extension for recordings released between 1963 and 1970. Over 9,500 performers received supplementary remuneration payments this distribution. Also included in the payment are royalties from music video broadcasts and public plays, collected by VPL.
Peter Leathem, PPL Chief Executive Officer, says, ‘It is fantastic to see out the year with such a positive result for PPL and the many performers and recording rightsholders who benefit from our work. We are able to pay more direct and indirect members than ever before because of the neighbouring rights and technology expertise we have across our business, which helps us to maximise the revenue coming in to and going out of PPL.’
‘Thank you to each and every member of staff at PPL, and also to our many industry partners for working to drive technological and operational improvements in our industry over the years. The importance of this work can be seen in today’s distribution as we deliver a valuable source of income for tens of thousands of artists, session musicians and independent and major labels.’
