HomeInsightsPPL announces it distributed £11.7 million in Q3 distribution

Article by

The collective management organisation PPL has announced its Quarter 3 distribution of international revenue, distributing £11.7 million collected from 54 CMOs around the world, with nearly 25,000 performers and recording rights holders receiving a payment. In the three quarterly distributions made to date in 2019, PPL has allocated £36.1 million of international revenue for distribution.

PPL explains that its international collections service collects monies from overseas CMOs for when recorded music is played in public and broadcast on TV, radio and some online streaming services, as well as for private copying. These international collections are an increasingly important revenue stream for performers and recording rights holders. Since 2006 PPL has collected £429.1 million.

PPL says that it now has 92 international collection agreements in place across Africa, Asia, Australia, Europe, and North and South America. Through these agreements it covers over 95% of the global value of both performer and recording rights holder neighbouring rights markets.

This September, the revenue distributed originates from a broad range of markets across the world such as the USA, Denmark, Spain, Croatia and Malaysia. This quarter’s payment includes first time revenue from Korea for recording rights holders and also a first time payment from Panama for performers.

PPL says that it is part of an ever-growing two billion-dollar plus sound recording performance rights industry that is hoped to reach three billion dollars by 2025. In 2018, Europe still accounted for 50% of global performance rights revenue, with the UK, France and Germany being the largest collectors in the region. To read PPL’s press release in full, click here.