PPL is distributing £71.1 million to over 28,000 performers and recording rights holders today (28 March).
The Q1 payment includes UK and international income collected through 2024 and the first few months of 2025, from 53 collective management organisations (CMOs).
With 113 reciprocal agreements, PPL has the most extensive international network of CMO agreements, covering 95% of the recorded music market by value. As such, PPL is one of the first CMOs to receive international payments, helping ensure our members receive royalties due to them as soon as they become available from other territories.
This quarter’s distribution includes new payments from the USA and numerous European countries for performers, and from Australia, France and the USA for recording rightsholders.
The neighbouring rights marketplace continues to grow and according to the IFPI’s 2025 Global Music Report, it accounted for 9.7% ($2.9 billion) of global recorded music revenues in 2024, an increase of 5.9% annually.