Professional Market Research Report

Company and Competitor Overview for PICSEL LIMITED

Company Overview

PICSEL LIMITED, a not-for-profit organisation based in Brighton, England, was founded in 2015 to serve as a Collective Management Organisation (CMO). It focuses on managing secondary rights for visual artists and their representatives, aiming to optimize royalty distribution for the secondary usage of visual arts. The company operates under a governance model where the Board of Directors, composed of representatives from various sectors like large photo agencies and individual photographers, is elected by its members.

Affiliations and Partnerships

PICSEL LIMITED collaborates with multiple organisations, including the Copyright Licensing Agency (CLA), Publishers' Licensing Services (PLS), Educational Recording Agency (ERA), International Federation of Reproduction Rights Organisations (IFFRO), British Copyright Council (BCC), BAPLA, and CEPIC. These partnerships enable the company to effectively engage in both national and international copyright management.

Financial Performance

Since 2017, PICSEL LIMITED has successfully distributed £5 million to its members, reflecting its commitment to provide fair remuneration for the copying and secondary use of artists’ works, especially in instances where direct licensing isn't feasible.

Key Personnel

The leadership team of PICSEL LIMITED consists of:

• Paul Seheult: CEO, known for his strategic leadership, with a background from Brighton Polytechnic.

• Trevor Jennis McDermott: Holds a key yet unspecified role.

• Alan Capel: Strategic leader focused on talent development and organisational networking.

• Guy MacNaughton: Consultant with expertise in commercial strategy, business planning, and development.

• Matthew Bailey: Collaborates with PICSEL LIMITED on royalty and licensing matters, leveraging his role as Licensing and Access Manager at the Royal Society of Chemistry.

Market Position and Influence

PICSEL LIMITED operates through a vast network of licensing bodies, extending UK rightsholders' access to income from secondary licensing internationally. This strategic positioning underscores its authority within the visual arts sector, leveraging key partnerships to uphold artists' rights and ensure compliant royalty distribution.

Organizational Ethos and Operations

Rooted in its founding principle "by Rightsholders for Rightsholders", PICSEL LIMITED upholds the values of choice, transparency, and reward. It empowers rightsholders with options for licensing and monetization through the RightShare® system, which streamlines claims and royalty distributions.

Compliance and Regulation

Under the regulatory umbrella of the Intellectual Property Office (IPO) and in accordance with the Collective Management of Copyrights (EU Directive) Regulations 2016, PICSEL LIMITED ensures adherence to both national and EU copyright regulations.

Competitor Profiling for PICSEL LIMITED

Overview

PICSEL LIMITED faces competition from various organisations across several sectors. Key competitors include Loven & Co, The Authors' Licensing & Collecting Society (ALCS), The British Society of Plant Breeders (BSPB), Travelsoft Group, Devbox Technologies, and Magora Systems. Each competitor presents distinctive challenges and insights influencing PICSEL LIMITED's market positioning.

Key Competitors

Loven & Co

• Industry: Business Support Services

• Founded: 1990

• Operations: Offers business services within the industrial sector.

The Authors' Licensing & Collecting Society (ALCS)

• Founded: 1977

• Headquarters: International House, London, UK

• Key Personnel: Barbara Hayes (Chief Executive), Maureen Duffy (Honorary President)

• Services: Specialises in copyright collection and royalty distribution for writers, with over £650 million distributed to authors globally.

The British Society of Plant Breeders (BSPB)

• Founded: 1966

• Headquarters: Ely, UK

• Operations: Represents plant breeders, focusing on royalty collection, variety trials, and industry representation with a turnover of £1 million and net assets of £76 thousand.

Travelsoft Group

• Founded: 2000

• Industry: Travel Software

• Operations: Provides technology solutions for travel professionals, with an annual turnover exceeding €100 million and bookings over €35 billion per year.

Devbox Technologies

• Industry: IT Services and Consulting

• Operations: Offers software development solutions including web design, app development, and digital marketing.

Magora Systems

• Founded: 2010

• Services: Web and Mobile Development

• Employees: Over 150

• Known for a high customer return rate and over 700 successfully completed projects.

Competitive Landscape

PICSEL LIMITED operates in a diverse competitive environment, with competitors ranging from business services to copyright management, plant breeding, travel technology, and software development. The varied capabilities and market focuses of these competitors necessitate strategic positioning and industry adaptation by PICSEL LIMITED to sustain and enhance its market presence.