PPL pays out £15.2 million of international revenue in Q3 distribution
In today’s Q3 distribution of international revenue, PPL will pay £15.2 million to 18,307 performers and recording rightsholders, either as direct members of PPL or indirectly through other CMOs.
PPL collects money overseas where recorded music rights exist for radio or TV broadcasting, cable retransmission, public performance, private copying or dubbing. This quarter’s total is made up of international revenues collected from 72 collective management organisations (CMOs) around the world, with significant payments from CMOs in France, Italy, the US and the Netherlands.
PPL is a global leader in collecting performance rights revenue overseas, helping tens of thousands of performers and recording rightsholders maximise royalty income for their work. It has more than 100 agreements in place with CMOs across Africa, Asia, Australia, Europe, and North and South America, ensuring its mandating members’ rights are represented in many of the world’s biggest music markets. The company has also invested heavily in cutting-edge technology that further improves data accuracy and processing, helping revenues reach recorded music creators more efficiently.
In addition to the international revenue, also included in this distribution payment is more than £3 million from PPL’s sister company VPL, which licenses music videos when they are played in public or broadcast on TV. The revenue being distributed to independent recording rightsholder members of VPL and other CMOs relates to the use of their music videos by MTV’s channels across Europe, the Middle East and Africa.
Peter Leathem, PPL Chief Executive Officer said:
“PPL’s international collection service provides many thousands of performers and recording rightsholders with a significant royalty revenue stream. Today’s distribution shows just how significant, with millions of pounds collected from over 70 CMOs around the world. This is possible thanks to our knowledgeable, passionate and highly experienced team who, using industry-leading technology and PPL’s extensive international agreements, work hard to maximise royalty income for our members. During the last 18 months I am extremely proud of the stable income source we have provided many performers and recording rightsholders during an incredibly difficult time, and as the industry begins to recover we look forward to a bright future for the neighbouring rights sector.”