Event

UK's PPL Unveils £1 Million 'PPL Giving' to Bolster Music Community

Published March 21, 2024

UK-based royalty collection agency PPL has announced the launch of 'PPL Giving,' a substantial new initiative that dedicates approximately $1.3 million (GBP £1 million) annually in aid of the nation's music scene.

The program intends to foster a more inclusive music industry by funding organizations committed to music education, nurturing new talent, and supporting the health and well-being of artists. By targeting a wide variety of music genres and regions across the UK, PPL Giving aims to reflect the diverse makeup of its membership.

Supporting 26 Beneficiary Organizations

In its initial round, PPL Giving extends financial backing to 26 groups, including prominent names such as the BRIT School, Youth Music, and The Benedetti Foundation. These beneficiaries have been chosen for their efforts in driving substantial and positive transformations within the music sector.

PPL's Legacy and 2023 Milestones

PPL's charitable history includes over $9.2 million distributed to various music organizations since the 21st century's onset. Marking its 90th year in 2023, PPL distributed a record-setting $357.8 million to over 165,000 performers and rights holders, a testament to its commitment to the creative community.

Officials Commend PPL Giving

Underlining the importance of the initiative, PPL CEO Peter Leathem OBE articulates the goal to 'future-proof' the UK music industry. Officials from supported organizations like The Benedetti Foundation and Moving on Music have also expressed gratitude, highlighting the program's critical role in artist development and education.

Impact on the Music Industry

The launch coincides with a flourishing UK music market, with 2023 seeing a formidable 179.6 billion music streams. Such statistics herald the importance of sustained support for the talent behind this cultural keynote.

music, education, support