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</o:shapelayout></xml><![endif]--></head><body lang=EN-GB link="#0563C1" vlink="#954F72"><div class=WordSection1><p class=MsoNormal><span style='font-family:"Century Gothic",sans-serif;color:black'>Alex<o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Century Gothic",sans-serif;color:black'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-family:"Century Gothic",sans-serif;color:black'>If you going for the wind-up-merchant of the year award 2017 I think you’ve just won it LOL :<o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Century Gothic",sans-serif;color:black'><o:p> </o:p></span></p><p class=MsoNormal><b><span style='font-family:"Century Gothic",sans-serif;color:#222A35'>Nick</span></b><span style='font-family:"Century Gothic",sans-serif;color:black'><o:p></o:p></span></p><div><p class=MsoNormal><span style='font-family:"Century Gothic",sans-serif;color:#222A35'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-family:"Century Gothic",sans-serif;color:#222A35;mso-fareast-language:EN-GB'><img width=242 height=149 style='width:2.5208in;height:1.552in' id="Picture_x0020_1" src="cid:image003.jpg@01D2D95A.E92A8E50" alt=webmainlogo></span><span style='font-family:"Century Gothic",sans-serif;color:#222A35'><o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Century Gothic",sans-serif;color:#222A35'><o:p> </o:p></span></p><p class=MsoNormal><b><span style='font-family:"Century Gothic",sans-serif;color:#222A35'>Canalside Community Radio Ltd.<o:p></o:p></span></b></p><p class=MsoNormal><span style='font-family:"Century Gothic",sans-serif;color:#222A35'>Canal 2B, <o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Century Gothic",sans-serif;color:#222A35'>Clarence Mill, <o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Century Gothic",sans-serif;color:#222A35'>Bollington,<o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Century Gothic",sans-serif;color:#222A35'>Cheshire,<o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Century Gothic",sans-serif;color:#222A35'>SK10 5JZ<o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Century Gothic",sans-serif;color:#222A35'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-family:"Century Gothic",sans-serif;color:#222A35'>01625 576689<o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Century Gothic",sans-serif;color:#3C34D4'><a href="mailto:office@canalsideradio.net"><span style='color:#3C34D4'>office@canalsideradio.net</span></a><o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Century Gothic",sans-serif;color:#3C34D4'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-family:"Century Gothic",sans-serif;color:#3C34D4'><a href="http://www.canalsideradio.net/"><span style='color:#3C34D4'>www.canalsideradio.net</span></a><o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Century Gothic",sans-serif;color:#222A35'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-family:"Century Gothic",sans-serif;color:#222A35;mso-fareast-language:EN-GB'><img border=0 width=76 height=36 style='width:.7916in;height:.375in' id="Picture_x0020_2" src="cid:image004.jpg@01D2D95A.E92A8E50" alt=FBnT></span><span style='font-family:"Century Gothic",sans-serif;color:#222A35'><o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Century Gothic",sans-serif;color:#4937D1'><a href="http://www.twitter.com/canalsideradio"><span style='color:#4937D1'>www.twitter.com/canalsideradio</span></a><o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Century Gothic",sans-serif;color:#4937D1'><a href="http://www.facebook.com/canalsideradio"><span style='color:#4937D1'>www.facebook.com/canalsideradio</span></a><o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Century Gothic",sans-serif;color:#222A35'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-family:"Century Gothic",sans-serif;color:#222A35'><o:p> </o:p></span></p></div><p class=MsoNormal><span style='font-family:"Century Gothic",sans-serif;color:black'><o:p> </o:p></span></p><div><div style='border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0cm 0cm 0cm'><p class=MsoNormal><b><span lang=EN-US style='mso-fareast-language:EN-GB'>From:</span></b><span lang=EN-US style='mso-fareast-language:EN-GB'> cma-l-bounces@mailman.commedia.org.uk [mailto:cma-l-bounces@mailman.commedia.org.uk] <b>On Behalf Of </b>Alex Gray, Two Lochs Radio<br><b>Sent:</b> 30 May 2017 10:59<br><b>To:</b> 'The Community Media Association Discussion List' <cma-l@mailman.commedia.org.uk><br><b>Subject:</b> [cma-l] News release from PPL<o:p></o:p></span></p></div></div><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>Just for interest…<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=p1 style='mso-margin-top-alt:0cm;margin-right:0cm;margin-bottom:15.0pt;margin-left:0cm;line-height:15.0pt;background:white'><span style='font-size:10.5pt;font-family:robotoregular;color:#333333'>PPL reports a record-breaking financial year in 2016, with total annual revenues breaking the £200 million mark for the first time.<o:p></o:p></span></p><p class=p1 style='mso-margin-top-alt:0cm;margin-right:0cm;margin-bottom:15.0pt;margin-left:0cm;line-height:15.0pt;background:white;box-sizing: border-box;font-variant-ligatures: normal;font-variant-caps: normal;orphans: 2;text-align:start;widows: 2;-webkit-text-stroke-width: 0px;text-decoration-style: initial;text-decoration-color: initial;word-spacing:0px'><span style='font-size:10.5pt;font-family:robotoregular;color:#333333'>The company saw growth across each of its three primary revenue streams – public performance and dubbing, broadcast, and international. Collections were up by £15.1 million (8%) on 2015, totalling £212.1m for 2016.<o:p></o:p></span></p><p class=p1 style='mso-margin-top-alt:0cm;margin-right:0cm;margin-bottom:15.0pt;margin-left:0cm;line-height:15.0pt;background:white;box-sizing: border-box;font-variant-ligatures: normal;font-variant-caps: normal;orphans: 2;text-align:start;widows: 2;-webkit-text-stroke-width: 0px;text-decoration-style: initial;text-decoration-color: initial;word-spacing:0px'><span style='font-size:10.5pt;font-family:robotoregular;color:#333333'>Broadcast revenue increased by 2% to £77.4m. Collections from public performance and dubbing rights also increased by 2% to £86.4 million.<o:p></o:p></span></p><p class=p1 style='mso-margin-top-alt:0cm;margin-right:0cm;margin-bottom:15.0pt;margin-left:0cm;line-height:15.0pt;background:white;box-sizing: border-box;font-variant-ligatures: normal;font-variant-caps: normal;orphans: 2;text-align:start;widows: 2;-webkit-text-stroke-width: 0px;text-decoration-style: initial;text-decoration-color: initial;word-spacing:0px'><span style='font-size:10.5pt;font-family:robotoregular;color:#333333'>In line with record annual revenue for 2016, PPL also achieved record net distributable revenue <o:p></o:p></span></p><p class=p1 style='mso-margin-top-alt:0cm;margin-right:0cm;margin-bottom:15.0pt;margin-left:0cm;line-height:15.0pt;background:white'><span style='font-size:10.5pt;font-family:robotoregular;color:#333333'>After all costs and deductions of £33.2m (15.6% of revenue), PPL also achieved a highest ever annual distribution to members of £178.9m<o:p></o:p></span></p><p class=MsoNormal><o:p> </o:p></p><div id=DAB4FAD8-2DD7-40BB-A1B8-4E2AA1F9FDF2><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-GB'><o:p> </o:p></span></p><table class=MsoNormalTable border=1 cellpadding=0 style='border:none;border-top:solid #D3D4DE 1.0pt'><tr><td width=55 style='width:41.25pt;border:none;padding:9.75pt .75pt .75pt .75pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-GB'><a href="https://www.avast.com/sig-email?utm_medium=email&utm_source=link&utm_campaign=sig-email&utm_content=emailclient" target="_blank"><span style='text-decoration:none'><img border=0 width=46 height=29 style='width:.4791in;height:.302in' id="_x0000_i1025" src="https://ipmcdn.avast.com/images/icons/icon-envelope-tick-round-orange-animated-no-repeat-v1.gif"></span></a><o:p></o:p></span></p></td><td width=470 style='width:352.5pt;border:none;padding:9.0pt .75pt .75pt .75pt'><p class=MsoNormal style='line-height:13.5pt'><span style='font-size:10.0pt;font-family:"Arial",sans-serif;color:#41424E;mso-fareast-language:EN-GB'>Virus-free. <a href="https://www.avast.com/sig-email?utm_medium=email&utm_source=link&utm_campaign=sig-email&utm_content=emailclient" target="_blank"><span style='color:#4453EA'>www.avast.com</span></a> <o:p></o:p></span></p></td></tr></table><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-GB'><o:p> </o:p></span></p></div></div></body></html>