Phonographic Performance Limited

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Phonographic Performance Limited - overview

Established

1934

Location

London, -, UK

Primary Industry

Media

About

Phonographic Performance Limited (PPL) is a UK-based organization that specializes in licensing and collecting royalties for recorded music, ensuring fair compensation for rightsholders and performers across various platforms. Founded in 1934, PPL licenses and collects royalties for recorded music usage in the UK and internationally. The company is led by CEO Cuong Tran, with Peter Leathem also playing a significant role. PPL has its headquarters in London, UK.


PPL specializes in licensing and collecting royalties for a broad spectrum of recorded music usage in the UK and internationally. Its core offerings include comprehensive licensing solutions for various platforms such as radio, online services, and public venues, ensuring that music performers and rightsholders are fairly compensated for their work. The company's services facilitate music broadcasting across multiple channels, including commercial, community, student, and hospital radio, as well as digital streaming platforms and television services. PPL also manages an extensive catalog of over 28 million audio recordings and 50,000 music videos, supporting a diverse clientele of over 150,000 performers and recording rightsholders.


The geographical reach of PPL’s services extends beyond the UK, leveraging a world-leading international collections service that helps members maximize their royalties globally. PPL generates revenue through structured licensing agreements with various clients, which include radio stations, television networks, and online music services. These transactions typically involve a licensing fee that grants permission to use recorded music, ensuring that performers and rightsholders receive their due royalties. PPL's revenue model encompasses both direct-to-consumer and B2B transactions, with specific licensing options tailored to different sectors, including commercial and community radio, online platforms, and public venues.


The pricing structure is designed to accommodate a range of client needs, ensuring that users pay appropriate fees based on the type and scale of music usage. This revenue model is critical for sustaining the organization's efforts in championing music rights and supporting its member base.


Primary Industry

Media

Sub Industries

Media, Music Production & Distribution

Website

http://ppluk.com

Total Amount Raised

Subscriber access only

Phonographic Performance Limited - financials

Fiscal Year EndedDec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022
Revenue (USD)218,777,000246,806,000271,802,000---
% Revenue Growth (YoY)-12.8%10.1%---
EBITDA (USD)------
Operating Income (USD)------
Operating Margin------
% EBITDA Margin------
NET Income (USD)183,183,000213,112,000236,467,000---
% Net Margin83.7%86.3%87.0%---

Phonographic Performance Limited - employee data

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