PPCA, the Australian organization representing the rights of artists and record labels, has distributed $29 million to artists earned from the 2011/2012 year.
The amount represents a 13% increase on the previous years figure.
“It is fantastic to see the distribution to our artists and record labels continue to increase year on year. It’s also a wonderful reflection on our team here at PPCA, who work hard to ensure that our licensors are being rewarded for their creative work when it is used to help drive Australian businesses,” said PPCA CEO Dan Rosen. “I strongly encourage all Australian artists and labels to register with us.”
PPCA was formed in 1969 and is a collecting society to protect copyright of artists and labels. Over 1,200 licensors contribute to PPCA and benefit from the earnings.