MUSIC LICENSING bodies PRS for Music and PPL have joined force to create a single company to administer the licensing of the public performance of both live and recorded music.
A limited company, PPL PRS is 50/50 owned by the organisations and has been created to provide a more efficient service and simplify the administration involved in licensing music.
Based in Leicester, the new company allows customers to TheMusicLicence, covering live and recorded product.
“In PPL’s 84-year history, the joint venture with PRS is without doubt the most ambitious project that we have undertaken,” says PPL CEO Peter Leathem.
“This is an important moment for the music business at large and is a move towards greater efficiencies for our licensees and greater returns for our members.”
PRS CEO Robert Ashcroft adds, “This is the beginning of a new era in public performance licensing, which will bring real benefits to our members and customers alike.”
PPL, which collects licence fees for the public performance of recorded material on behalf of record labels, and PRS, which licenses songwriter’s and composer’s works for public performance on behalf of music publishers and artistes, will continue to operate separately in other areas.