Features
PPL Signs Six European Deals
Music licensing company PPL has announced new agreements with six European territories – Croatia, Estonia, Greece, Latvia, Lithuania and Portugal.
PPL-registered performers will receive money when their repertoire is used in these countries. PPL will also pay performers from these countries when their repertoire is played in the UK.
PPL licenses recorded music played in public or broadcast and distributes the license fees to its performer and rights holder members.
“We already cover a significant part of the global market by value of collections; we are now looking to fill in the gaps and ensure that our members are being paid from all of the smaller markets,” said PPL International Director Laurence Oxenbury. “2012 is already shaping up to be a very encouraging year.”
In March, PPL made the largest single payment of international royalties it has ever made. Almost £10 million of revenue was distributed from 18 different countries including Denmark, Sweden, U.S., Brazil, Japan and Canada, as well as the first ever payment from Latvia, to both performer and rights holder members.
The six new agreements mean PPL now has deals with 33 countries around the world and collects international performance rights for 80 percent of its members.