PPL and PRS for Music appoint Suzanne Smith Managing Director of joint licensing venture
New Leicester based company to be called PPL PRS Ltd
PPL and PRS for Music have appointed Suzanne Smith to the position of Managing Director at their joint venture (JV) for public performance licensing.
The new company, set to be launched in the second half of 2017, will be called PPL PRS Ltd and will serve both companies’ UK public performance licensees. The JV, announced in 2016, will be based at Mercury Place in Leicester and will provide a single point of contact for companies and organisations looking to acquire a licence to play recorded music in public.
The joint licence will be called TheMusicLicence and will bring to an end the need for customers to purchase separate PPL and PRS for Music licences from each individual organisation.
Suzanne Smith joins the company from the global firm Experian where she was Managing Director for the company’s UK and Ireland Customer Experience operations. With more than 30 years’ experience in financial services, Smith has also held senior customer and operations leadership roles at Capital One and NatWest Bank.
We are delighted to have been able to appoint someone of the calibre and experience of Suzanne as the Managing Director of our new joint venture company, PPL PRS. Her experience in improving performance whilst increasing productivity and profitability sets her in good stead for taking the reins at our new venture, ensuring our members are fairly paid for the use of their music by business across the UK.
As we prepare for the launch of our joint venture later in the year, we are pleased to have the benefit of Suzanne’s experience of creating excellent customer service environments. PPL PRS will make the licensing process easier than ever before for hundreds of thousands of customers whose businesses benefit from our members’ music. Suzanne’s role will be pivotal in helping them make the most of TheMusicLicence.
I am excited to be joining PPL and PRS for Music’s new venture from day one. We will be building a business committed to delivering the best music licensing experience in the world. Through TheMusicLicence, PPL PRS will ensure that the creators of the music that brings so much value to those UK businesses that play music are fairly rewarded.
Whilst Leicester will be the new home of public performance operations for the two companies, the member-facing activities of both PPL and PRS for Music will remain in London alongside broadcast and online licensing, international collections, member services, distribution services, and other strategic support services.
For more information please contact:
Lynne McDowell, PPL: lynne.mcdowell@ppluk.com/ 020 7534 1274
Stefania Pavlou, PRS for Music: stefania.pavlou@prsformusic.com / 020 3741 4777
About PPL
Founded in 1934, PPL is the UK music industry’s collective management organisation (CMO) for over 110,000 performers and record companies. We license recorded music in the UK when it is played in public (shops, bars, nightclubs, offices etc.) or broadcast (BBC, commercial radio, commercial TV etc.) and ensure that revenue flows back to our members. These include both independent and major record companies, together with performers ranging from emerging grassroots artists through to established session musicians and influential festival headliners. PPL’s public performance licensing is carried out on PPL’s behalf by PPL PRS, the joint venture between PPL and PRS for Music.
We also collect performance rights internationally when music is played in public and used on TV, radio and some online streaming services, as well as for private copying. This is achieved through our network of 92 agreements with CMOs around the world. International revenues are an increasingly important revenue stream for performers and recording rightsholders – since 2006 we have collected £429.1 million. In 2018 we collected £246.8 million while also distributing money to 105,192 performers and recording rightsholders.
About PRS for Music
PRS for Music is a world-leading music collective management organisation representing the rights of more than 165,000 talented songwriters, composers and music publishers around the globe. Headquartered in the UK, it works diligently on behalf of its members to grow and protect the value of their rights. With a focus on innovation and integrity, PRS for Music is redefining the global standard for music royalties to ensure creators are paid whenever their musical compositions and songs are streamed, downloaded, broadcast, performed and played in public. In 2022, PRS for Music collected £964m and paid out £836.2m in royalties. prsformusic.com
