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$424 MILLION OF UNMATCHED ROYALTIES PAID OUT TO THE MECHANICAL LICENSING COLLECTIVE ON 16/02/2021

The Mechanical Licensing Collective (MLC) in the US was designated by the U.S. Register of Copyrights in July 2019 to pursue the commitment laid out by the Music Modernization Act of 2018. The MLC administers the new blanket license for the use of musical works by digital music services. As of January 2021, the mechanical royalties from streaming (in the U.S.) are administered and processed by The MLC and paid out to songwriters and music publishers.

On 16/02/2021 the MLC announced that it received a total of $424,384,787 in accrued historical unmatched royalties from DSPs (digital services providers) together with corresponding data reports with identifications of the usage related to these royalties.

Around 20 DSPs, including Google (YouTube), Deezer, Soundcloud, Spotify, Apple Music and Mixcloud, have transferred accrued historical royalties as was required in order for them to receive a MMA’s limitation on liability for past infringement. The MLC can now, following months of effort to develop and implement the specifications for usage reports, proceed to review and analyse the data and attempt to find the proper copyright owners.

The MLC will create a page called “Historical Unmatched Royalties” that will provide information about historical unmatched royalties. Here you can see the initial summary:

For more info, go to https://www.themlc.com/