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PPL, a UK music licensing company, paid out £45.3m (€55m/$57m) to more than 137,000 performers and recording rights-holders in its Q4 2024 payment.
Performers and rights-holders received payment either as direct members of PPL or indirectly through other collective management organisations (CMOs). More than 9,400 members received payment from PPL for the first time.
The payment includes collections from the use of recorded music in the UK as well as internationally. The totals increased this year, in part thanks to the continued improvements in global metadata quality and ongoing collaborations to help ensure faster payments for performers and recording rights-holders.
PPL distributed money from 69 international CMOs this quarter, the highest ever in a single distribution.
The organisation has more than 110 global agreements in place, with performers receiving payments from France, the Netherlands, Sweden, the US and Portugal, as well as RAYS, a new CMO formed in Azerbaijan in 2022.
“We are pleased to end our 90th year with a strong performance in line with our December payments over the past five years,” said Peter Leathem, chief executive of PPL.
“We continue to champion music rights on behalf of performers and recording rights-holders around the world through our growing network of CMO partners, for example, with first-time payments from Azerbaijan and Guatemala.
“I am also delighted to see over 9,400 members receive a payment for the first time, helping them to start building sustainable music careers.”
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