2015 PPCA ANNUAL REPORT 1 PHONOGRAPHIC PERFORMANCE COMPANY OF AUSTRALIA ANNUAL REPORT 2015 2015 PPCA ANNUAL REPORT 2 Highlights PPCA reVenues anD registereD artists anD groups continueD to increase in 2014-2015, maintaining our unBroKen succession of improVements since 1990. The DistriButaBle surplus fell slightly. Income up 7.2% $ to $45,898,762 DistriBution surplus totaleD $31,330,059 OVer 60,000 Businesses licenseD for the puBlic performance of sounD recorDings The PPCA Trust approVED 30 applications for funDing: 24 relateD 6 to to further festiVals, EDucation liVE music & research anD local artists 2015 PPCA ANNUAL REPORT 3 contents 4 CHAIRMAn’S REPORT 5 SUMMARY 6 THE COMPANY 7 BOARD MEMBERS 9 MANAGEMENT REPORT 13 PERFORMERS’ TRUST FOUNDATION 14 TOP 50 MOST PLAYED ARTISTS 15 MOST PLAYED ARTISTS 2012–2014 16 SPECIAL PuRPOSE FINANCIAL REPORT 35 PERFORMERS’ TRUST BALANCE SHEET 36 TARIFF CATEGORIES 2015 PPCA ANNUAL REPORT 4 CHAIRMANS REPORT ONCE AGAIN I AM VERY PLEASED, • Encouragement and support of • Extensive advocacy on the important ON BEHALF OF THE PPCA BOARD, developing artists through our issues of copyright protection and continued sponsorship of the reform, including submissions on TO REPORT ON ANOTHER Breakthrough Artist Awards at both the Copyright Amendment (Online SuccESSFUL YEAR FOR PPCA. the AIR and ARIA Awards events. Infringement) Bill 2015 (Cth) and the Productivity Commission review into THE 2014/2015 YEAR SAW • Continuing the pursuit, via the intellectual property. I would like to CONTINUING INCREASES IN ARTIST Copyright Tribunal, of equitable take this opportunity to acknowledge compensation for licensor labels AND LABEL REGISTRATIONS AND and thank all of the PPCA registered and registered artists for the use of GROWTH IN OUR OVERALL REVENUE. artists and licensor labels that recordings by subscription television. contributed to these critical public Some key points of the year include: • Welcoming an interim decision by discussions on copyright reform. • A distribution of just over $31.3M the Copyright Tribunal on the matter to licensor labels and registered of the use of recordings in internet 2014/15 has been a productive and Australian artists. simulcasts by commercial radio busy year for the organisation, and we broadcasters. anticipate 2015/2016 will be no less • Growth in revenues to $42.8M driven so. I would like to extend my thanks to by improved income from public • Regular communication with our the Board and staff of PPCA, as well performance, television broadcasting, artists, licensors and licensees via as to the PPCA Patrons for their efforts and webcasting services. email, newsletters, web and social throughout the year. media, sponsorships and attendance • Continued support of Australian at various conferences and events. artists through relationships with, PPCA also continues to communicate amongst others, the Australia Council with businesses on the benefits (the PPCA Grant Scheme), the of playing music and promoting Australian Music Prize, and Support awareness of the appropriate licences Act Limited (the music industry by liaising with peak industry bodies. benevolent scheme). George Ash November 2015 2015 PPCA ANNUAL REPORT 5 SUMMARY GROSS 45 REVENUE (MILLIONS) 40 35 30 25 20 15 10 5 0 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 DISTRIBUTION 35 (MILLIONS) 30 25 20 15 10 5 0 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 2015 PPCA ANNUAL REPORT 6 THE COMPANY RegistereD Office EXecutiVE Secretariat DIRECTORS JAN 2016 L4, 11-17 Buckingham Street, Dan Rosen George Ash Surry Hills, NSW 2010 Chief Executive Officer Bill Cullen A.C.N. 000 680 704 Lynne Small A.B.N. 43 000 680 704 Denis Handlin, AM General Manager Tony Harlow BanKers: Karla Skarda Head of General Licensing Lindy Morrison, OAM Commonwealth Bank of Australia Linda Courtney David Vodicka Distribution Manager Colin Daniels Solicitors: Adrian Di Giacomo Gilbert + Tobin Communications Manager Stephen Conway AUDitors: Manager - Business Technologies Moore Stephens Rohini Sivakumar Sydney Corporate Counsel - Commercial Rachel Porter Corporate Counsel - Enforcement/ Litigation 2015 PPCA ANNUAL REPORT 7 BOARD MEMBERS He has been involved in the music In November 2012, Denis was elected business since leaving school, and did a to the position of Vice Chairman of long stretch working with Grant Thomas the International Federation of the Management, working with acts such as Phonographic Industry (IFPI) Asia Crowded House and The Rockmelons. Regional Board and in November 2014, A five year stint in London followed, Denis was elected as Chairman of the where he worked with the legendary IFPI Asia Pacific Board. Pete Jenner (manager of Pink Floyd, The Clash, Billy Bragg etc.), before going on In May 1996, Denis became the first to co-manage New Zealand act OMC Australian and the first Sony Music (How Bizarre) who went on to a number Entertainment executive to be honoured GEORGE ASH one single and gold album in the US. with the CEO Special Recognition PPCA BoarD CHAIRMAN He returned to Australia in 1999, and Award presented by Sony Corporation’s George Ash became a member of the established One Louder, and has since Chairman and CEO Norio Ohga. PPCA Board in August 2003. had gold plus success with Alex Lloyd, Denis is the co-founder of the Sony George, Amiel, Sarah Blasko, Kate Miller- Foundation which was established in George is also the President, Australasia Heidke, End Of Fashion and Paul Kelly. of Universal Music Australia (UMA), a 1998 and has raised $20 million for division of the Universal Music Group. youth based causes. He is also very proud to be Patron of the Youth off the Prior to George’s current position with Streets Scholarship Program since its Universal Music Australia, he held inaugural year in 2004. He is also an positions as Managing Director, UMA, inaugural board member of the Ricky Managing Director, Universal Music NZ, Stuart Foundation established in 2012 Managing Director, MCA Geffen NZ and to raise funds to establish awareness held key management roles at BMG NZ. and services for autism. George has also held roles in Polygram Manufacturing and in the retail sector. In the Australia Day 2005 Honours List, Denis was made a Member of the Order George’s passion for the music industry of Australia receiving “AM” in recognition began as a musician and has spanned of his service to the music industry, 25 years including holding a variety of Denis HanDlin, AM particularly through the promotion of roles in key industry bodies within the NZ PPCA BoarD MemBer Australian musicians, to professional Industry before relocating to Australia in Denis is the Chairman & CEO of Sony organisations in the industry and for the his current role in 2001. Music Entertainment Australia & New work he has done in the community for Zealand and President, Asia. He charitable organisations. commenced his career with the company In June 2009, Denis received from the in 1970 and has been leading it since peak Composer and Music Publisher 1984. organisation APRA, their prestigious Ted Denis has a deep involvement in the Albert Award for Outstanding Services to music industry. He has served on the Music Industry. the committees of several industry In April 2012, Denis received the “Label associations and has held various Executive of the Year - Major” award from positions including Chairman of the the Worldwide Radio Summit Industry Phonographic Performance Company Awards held in Los Angeles. of Australia (PPCA) and of the Australian Bill Cullen Record Industry Association. He is the Denis was awarded the ARIA Industry PPCA BoarD MemBer current Chairman of ARIA, a position he Icon Award by the ARIA Board in has held over many years since the early November 2014. The award is made Bill is the Managing Director of One 90s including for 10 consecutive years in recognition of Denis’ outstanding Louder Entertainment, the management from 1999 - 2008. contribution to the development of the home to Paul Kelly, Sarah Blasko, Kate Australian music industry, in particular Miller-Heidke, and Ball Park Music. 2015 PPCA ANNUAL REPORT 8 BOARD MEMBERS Australian artists and industry copyright Lindy has a Bachelor of Social Work and is a current board member of and reform matters. and is the part time social worker for ARIA (Australia Recording Industry Support Act Ltd—the benevolent society Association). Denis is renowned for his highly for musicians and workers in the music competitive spirit and his championing industry. In 2009 she completed her He believes that the new digital era of local talent. Under his leadership, Masters in Legal Studies at UNSW. provides specific challenges for the Australian artists such as Men At Work, Lindy has been a passionate advocate recording industry and that ensuring Midnight Oil, Daryl Braithwaite, John for artists’ rights throughout her career, that PPCA’s members, and in particular Farnham, Delta Goodrem, Silverchair, speaking at conferences and seminars on the independent record labels,obtain a Tina Arena, Human Nature, Pete this topic. She teaches Music Business at fair and equitable return for the public Murray, Rogue Traders, Guy Sebastian, Sydney Institute Ultimo. performance of their works is paramount. Jessica Mauboy, Timomatic, Justice Crew and The Veronicas have achieved In 2013 Lindy was awarded an Order international recognition and success. of Australia medal for service to the Australian music industry. Denis has been married to his wife Jan for longer than he has been leading Sony Lindy can be contacted at lindy. Music. They have been married for [email protected] or 37 years and have six children. at 0409224720 Colin Daniels PPCA Licensor RepresentatiVE & BoarD MemBer Colin Daniels is the Managing Director of independent distributor and record company, Inertia.