Last week collecting societies PRS For Music and PPL announced a proposal to create a new joint venture company to handle all public performance licensing for the UK.
The two licenses currently required by the businesses would be replaced by a single license, issued by the new, yet-to-be-named 50/50 joint venture.
The move has been widely welcomed by the music industry.
Jane Dyball, CEO of the MPA group of companies: “The MPA is really delighted at this outbreak of common ...
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