Phonographic Performance Limited
British music licensing company
British music licensing company
Phonographic Performance Limited (PPL) is a British music copyright collective. It is a private limited company that is registered in the UK. PPL was founded by Decca Records and EMI and incorporated on 12 May 1934, and undertakes collective rights management of sound recordings on behalf of its record-company members, and distributes the fees collected to both its record company (rights holder) members and performer members. As of 2022, PPL collected royalties for over 140,000 performers and recording rightsholders. PPL continues to be owned by record companies, which it refers to as "rights holders", who are legally the only "members" and the only ones entitled to attend the annual general meeting. In 2023, PPL announced its 2022 financial results, revealing £272.6 million was collected that year, an increase of 7.8% on 2018, and that growth was achieved across broadcast and public performance revenue, but international revenue had decreased from 2021. PPL is a member of the British Copyright...
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