In the new issue of Music Week, PPL chief executive Peter Leathem reveals that he is confident of continued “global growth” in neighbouring rights revenue in the wake of a record quarterly international payment to members.

Global performance royalties paid out in September totalled £18.5 million, an increase of 3% on the previous largest quarterly payment of £17.9m in September 2016.

While currency fluctuations have been “very helpful”, Leathem said the record payout reflects the organisation’s continued success ...