PPL chief executive Peter Leathem has told Music Week that the collection society has “raised the bar” again, after posting another set of record financial results.

In 2018, the licensing company collected £246.8 million for performers and record labels, an increase of 13% on 2017. All three of PPL’s revenue streams were up: public performance and dubbing was up 3%, broadcast/online rose 5% and international collections soared by 43%.

“Having growth across the different income streams does actually add up ...