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PPL pledges £200,000 per year to emerging talent

By | Published on Thursday 10 November 2016

PRS For Music Foundation

The UK record industry’s collecting society PPL has pledged to donate £200,000 a year to the charity operated by its counterpart in the music publishing world, by which we mean the PRS For Music Foundation. The cash will be added to the funding body’s Momentum Music Fund and International Showcase Fund and brings the total amount of grants provided to emerging talent by those two initiatives to over £1 million per year.

“We are very excited to be partnering with PRS For Music Foundation to provide financial and career development support to new talent”, says PPL chief exec Peter Leathem. “The Foundation has played a pivotal role in the success story of many UK artists and we hope that, with additional significant investment and involvement from PPL, we can jointly fund more records, more tours, and more great music”.

PRS For Music Foundation boss Vanessa Reed adds: “I’m delighted that PPL will be partnering with PRS Foundation on two of our flagship talent development programmes which are increasingly important to artists working in independent music. Both the International Showcase Fund and Momentum consistently receive high levels of strong applications. Thanks to this new partnership with PPL we will be able to reach and support more of those talented artists, increasing their chances of building a sustainable career and enabling them to take their music to audiences across the world”.

The deadlines to apply for the next round of grants from both funds are approaching later this month.