PPL has secured a new contract with Phonographic Performance New Zealand (PPNZ), who license sound recording performance rights in New Zealand.

The contract means the U.K. neighboring righs society and PPNZ will now manage each other's repertoire in their respective territories. PPL did not previously have a deal in the territory.

"Signing this contract with New Zealand shows the full extent of PPL's reach around the world," said Laurence Oxenbury, head of international at PPL, in a statement. "We have agreements in many territories and are continuing to secure more. 2010 remains a strong year for PPL internationally and we are confident we will make further progress."

PPL has 51 contracts with 28 countries around the world and collects international performance rights for 80% of its members.

"Music is more accessible on a global level than ever before, which is why it is important to ensure that repertoire owners and makers are correctly and efficiently represented by music licensing companies worldwide," said Mark Roach, GM of digital and new media licensing at PPNZ. "This agreement is a perfect example of how two territories separated by tens of thousands of miles can work co-operatively to bring about positive outcomes for our respective rights holders."

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