VPL
VPL, created in 1984, is PPL's sister company and specifically deals with the licensing of music videos when they are played in public or broadcast on TV. VPL distributes the fees as royalties to its rights holder members. Although technically a separate company, VPL operates under the same management as PPL. All activities relating to music videos are conducted as VPL business.
Read more about this topic: Phonographic Performance Limited