London companies' move to Leicester will bring new jobs
Published on Wednesday, October 5, 2016
TWO leading companies in the music licensing industry are set to create new jobs in the city after choosing Leicester as the home for their new joint venture.
Phonographic Performance Limited (PPL) and PRS for Music have announced that following an extensive search they will be creating their national headquarters in Mercury Place, Leicester.
The city council’s inward investment team has been working with the two companies for a number of months as they searched the UK for a home for their operation.
PPL licenses the use of recorded music which is played in public, broadcast on radio or TV, or used on the internet, on behalf of record companies and performers.
PRS for Music is a society of songwriters, composers and music publishers, and licenses the use of their members’ musical compositions and lyrics when they are played in public or copied onto physical products such as CDs or DVDS.
Both companies currently have offices in London and intend to set up their new joint venture in Leicester, from where they will serve their UK public performance licensees from July 2017.
The new operation will use an inbound call centre, field staff and support staff to license premises to play recorded and live music. It will also support the growing number of festivals in the UK.
Leicester’s City Mayor Peter Soulsby said: “We extend a warm welcome to PRS and PPL, who I know looked at a number of other locations before choosing Leicester as the home of their new headquarters.
"They will give the city a significant boost in terms of jobs and raising our profile, and in turn we are giving them a location in the heart of a vibrant, and growing creative sector.
"As one of a number of successful businesses relocating close to the railway station – including IBM and Hastings Direct - they also demonstrate the importance of the Midland Mainline which will soon offer journey times of less than one hour between Leicester and London.”
Helen Donnellan, Inward Investment Director at the city council said: “This is great news for the city. This joint venture will provide many new jobs in a growing sector.”
The Leicester Mercury is currently based on one floor of Mercury Place that the new HQ will occupy. The company has announced it is beginning a search for alternative office space in the city, although it has not yet been decided whether it will relocate completely or move to another floor of the building.
Peter Soulsby said he hoped the newspaper would find an appropriate new home for its teams in the heart of the city: “The Mercury is an important part of Leicester life and people’s understanding of what is going on in their community” he said.
“While the media may be changing, it is important that the Mercury will be at the heart of the city’s life for decades to come.”