I am delighted to report on another positive year for PPL, as 2022 saw the company generate record levels of revenue, deliver many operational and technology improvements, and continue to contribute to the broader industry agenda of innovation, talent development and cultural change.
In 2022, we achieved the highest total revenue in our 89-year history at £272.6 million, surpassing pre-pandemic levels with a year-on-year increase of 7.8% (£19.8 million).
Another record year for payments
In 2022, we paid 150,167 performers, the highest annual total to date. These figures are driven by our growing membership, as well as the significant technology and operational investments we have made in recent years.
Driving positive change
We believe we must use our significant standing and reputation in the music industry to drive positive change. Each year we donate funds to an array of charities and support numerous projects through sponsorship.