Tuesday, 16 April 2013

PPL income up 11% on 2011

The UK record industry's collecting society PPL has issued its financial results for 2012, confirming that its earnings increased by 11% year-on-year to £170.8 million. 

Public performance income was up 17% to £64.8 million and international income rose 13% to £36.6 million; broadcasting and online income was up 5% to £69.4 million. The report also revealed a small decrease in cost-to-income ratio, from 14.4%, compared to 14.9% in 2011.

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