PPL, the UK collecting society for record companies and performers, has announced its largest ever first quarter international distribution to members.
The figure, paid on 31 March, was £15.7m, up 15 percent on 2016’s equivalent payment of £13.6m.
The company said the number of performer and record company members receiving international revenue allocations was also up by 10 per cent to over 33,000, up from 30,000 in the same period last year.
This follows PPL’s highest ever final quarter payment in December 2016, with £13.4m allocated to its members.
Peter Leathem, PPL chief executive said: ‘I am delighted that PPL has delivered a largest ever first quarter international payment to its members. International is a key area of growth for us as an organisation and it is exciting to see things go from strength-to-strength.
‘We have unrivalled relationships with over 83 international CMOs and welcome recent collection agreements with organisations such as JAMMS in Jamaica and Romania’s CREDIDAM.’
Laurence Oxenbury, PPL director of international, added: ‘We are extremely proud to be able to deliver continued growth for our members internationally. Our business is built on brilliant music that is consumed across the globe.
'We have a team dedicated to making sure our members are rewarded fairly for their music so that they can continue to work.’
The figure, paid on 31 March, was £15.7m, up 15 percent on 2016’s equivalent payment of £13.6m.
The company said the number of performer and record company members receiving international revenue allocations was also up by 10 per cent to over 33,000, up from 30,000 in the same period last year.
This follows PPL’s highest ever final quarter payment in December 2016, with £13.4m allocated to its members.
Peter Leathem, PPL chief executive said: ‘I am delighted that PPL has delivered a largest ever first quarter international payment to its members. International is a key area of growth for us as an organisation and it is exciting to see things go from strength-to-strength.
‘We have unrivalled relationships with over 83 international CMOs and welcome recent collection agreements with organisations such as JAMMS in Jamaica and Romania’s CREDIDAM.’
Laurence Oxenbury, PPL director of international, added: ‘We are extremely proud to be able to deliver continued growth for our members internationally. Our business is built on brilliant music that is consumed across the globe.
'We have a team dedicated to making sure our members are rewarded fairly for their music so that they can continue to work.’
