UK-based music licensing body PPL paid out GBP £45.3 million (approx. $57 million at current exchange rates) to over 137,000 performers and recording rightsholders in the fourth quarter of 2024.
The latest figure marks a 7%, or GBP £3.4 million, decrease from £48.7 million paid in Q4 2023, which marked the highest Q4 payment in the organization’s history. The payment comes as the company celebrates its 90th year of operations, with over 9,400members receiving their first-ever PPL payment.
The latest quarter saw the largest-ever Annual Supplementary Remuneration Fund payment of GBP £2.3 million, benefiting over 15,000 non-featured performers. This fund, now in its 10 year, has distributed £15.5 million to over 15,000 session musicians from the UK and globally who contributed to recordings released between 1963 and 1972.
