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Who runs PPCA?

April 26, 2017ppca

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Who runs PPCA?

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PPCA was founded in 1969 by the major record companies. These companies hold shares but are not entitled to any dividends. The current shareholders are Sony Music Entertainment, EMI, Universal Music and Warner Music. The board of PPCA is currently made up of 8 directors comprised of the nominated representatives of the 4 shareholders, 3 directors representing the registered artists (one of which is drawn from the artist management sector) and 1 representing non shareholding Licensors. The day to day management of PPCA is delegated to the Chief Executive Officer who is appointed by the Board.