The Physical Product Agreement (PPA) is generally the appropriate licence for a record label that has both a number of current releases and ongoing sales. 

The PPA covers all physical products (e.g. CDs, vinyl, DVDs and karaoke) other than mass storage devices.  Rates vary for different formats and are subject to minimum rates and adjustments.

The PPA may not be suitable for small labels because of the ongoing tracking and reporting obligations required for the agreement.

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