Music licensing company PPL has today announced that it collected £86.7 million in international monies in 2019.
This represents a growth of £15.8m (22 per cent) on the total achieved in 2018, £70.9 million, marking a new high for the company.
PPL collects money overseas where recorded music rights exist for public performance, broadcast and private copy. It does this through over 95 agreements with collective management organisations (CMOs) across Africa, Asia, Europe, and North and South America. In 2019, PPL’s collections covered approximately 96 per cent of the global value of the neighbouring rights markets for performers, and 93 per cent of the global value of the recording rightsholders’ market.
PPL’s members include the likes of Tom Walker, Rita Ora, Bastille, and Jade Bird, as well as tens of thousands of other performers and recording rightsholders. Representing such a large number of members means PPL can operate at a large scale, investing in the latest technology, managing a database of more than 15 million recordings, and driving improved data quality and standards globally.
2019 saw PPL sign new agreements with CMOs in Kazakhstan (Amanat), the Netherlands (STAP), Slovenia (IPF), and Ukraine (ULCRR), and first-time payments were received from CMOs in Albania, Georgia, Panama, Paraguay and South Korea. Notable payments were also received from CMOs in Germany, France, USA and Holland, helping contribute to 2019’s record total.
Laurence Oxenbury, director of international, PPL, said: “As music consumption increases around the world, in many different countries, PPL is well-positioned to continue getting music people paid. Our international collections are now a vital source of income that supports the music ecosystem, allowing performers to keep creating and developing, and recording rightsholders to support the artists that they represent. The last two years have been particularly successful, with a growth of 75 per cent between 2017 and 2019.”
Peter Leathem, CEO of PPL, said: “PPL’s international collections account for a significant proportion of the company’s overall revenue, reflecting the drive over the last 14 years to collect this money for performers and recording rightsholders. Collaboration with our international counterparts is central to the progress we have made with our collections, as is our investment in leading-edge technology and data infrastructure.
“The value of our payments is also reflected in the quality and scale of artists and rightsholders who entrust us with their royalty collections outside of the UK. We have over 95,000 internationally mandated performers and recording rightsholders; our roster includes some of the most recognisable names in music, from established legends to today’s brightest new talents. It is an honour to represent so many performers and rightsholders on the world stage, and we will continue to stand up for their music rights in 2020.”
Leo Taylor, session drummer for Adele, Ed Sheeran, Lana Del Ray and others, said: “As a session musician I have played on many different recordings and as a result PPL payments form an important part of my income. The high quality level of its work in the UK, Europe and the rest of the world combined with the care and attention I get from my account managers there, PPL always gives me faith that I am being fairly paid when music I have contributed to is played, allowing me to concentrate further on my craft and career.”