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The MLC is Sitting On $423 Million, How Songwriters Can Claim It

The MLC is Sitting On $423 Million, How Songwriters Can Claim It

FromThe New Music Business with Ari Herstand


The MLC is Sitting On $423 Million, How Songwriters Can Claim It

FromThe New Music Business with Ari Herstand

ratings:
Length:
73 minutes
Released:
May 5, 2021
Format:
Podcast episode

Description

Kris Ahrend is the CEO of the Mechanical Licensing Collective (MLC). This is the organization that was set up and appointed by Congress by the Copyright Office after the Music Modernization Act was signed into law. They officially went into effect in January of 2021. What the MLC does is collect mechanical royalties from streaming services in the United States. These are just royalties for songwriters. The DSPs pay the MLC and the MLC pays the rights holders. Article: https://aristake.com/songwriters-claim-mlc-money/MLC's website: https://www.themlc.com/ 4:35 - What is the MLC and what do they do?8:00 - Mechanical royalties and PROs, and where does the Harry Fox Agency play into everything?14:50 - What is the statutory rate? 17:03 - How to find how much you've earned in mechanical royalties through the MLC18:50 - Why you don't need the MLC if you have an admin publisher21:08 - Why BMI, SESAC, ASCAP, or GMR is not enough to collect all of your royalties24:30 - International mechanical royalties26:47 - How much money is being lost to ASCAP, BMI, and SESAC's commissions? 32:30 - The MLC and admin publishers34:58 - Where does the data in the public search feature come from?39:20 - The MLC has $430 million in unpaid royalties46:47 - Additional sources where the MLC gets its data50:10 - How much it costs to register with the MLC51:43 - Who calculates the data and royalty amounts? 54:30 - Historical royalties from the DSPs57:58 - Different types of publishers the MLC lists in their database1:03:45 - How to search MLC's database by song title1:07:11 - How long you have to collect your royalties from the MLC Connect with Ari’s Take: Website: https://aristake.comAcademy: https://aristakeacademy.comInstagram: https://www.instagram.com/aristake_/TikTok: https://www.tiktok.com/@aris.takeTwitter: https://twitter.com/ArisTakeYouTube: https://www.youtube.com/user/aristake1Facebook: https://www.facebook.com/aristake/Connect with Ari Herstand: Website: https://ariherstand.comInstagram: https://instagram.com/ariherstandTwitter: https://twitter.com/ariherstandYouTube: https://youtube.com/ariherstandFacebook: https://facebook.com/ariherstand Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.
Released:
May 5, 2021
Format:
Podcast episode

Titles in the series (100)

*2021 Webby Award Winner: Best Music Podcast* Ari Herstand is the best-selling author of How to Make It in the New Music Business. Forbes calls him “The poster child of DIY music.” In this show, he deconstructs the brightest minds in the music industry, digging deep to find the tools, tactics, and strategies that listeners can use to run successful careers of their own. Ari offers straight talk with no fluff and doesn’t let his guests off easy. If there is a way, Ari will find it.To learn more follow @aristake_ and @ariherstand Visit aristake.com to join the newsletter. -- Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.