Australia’s PPCA has enjoyed another record year, again reporting double-digital growth. The neighboring rights collecting society for labels and recording artists said it had distributed more than Australian $29 million ($30 million) to members last December for its 2011/12 financial year, up 13% over the previous year.
Established in 1969, the PPCA licenses radio and television broadcasters and Internet webcasters, and licenses roughly 55,000 businesses across Australia for the public performance of sound recordings.
The society has waged battles on many fronts in recent years; some won, others like the High Court challenge last year to remove a long-standing radio royalty cap, were lost. But its royalty trajectory continues to climb. Just five years ago, the PPCA announced record income of Australian $20 million ($21 million) for the year ending June 2008, with “distributable surplus” of Australian $14.5 million ($15.3 million), half the sum reported most recently.
In its brief statement issued on Tuesday, the PPCA did not report total income for the most recent period.