The Mechanical Licensing Collective (The MLC) has disclosed during its third Annual Membership Meeting that since it launched in January 2021, it has distributed over $1.5 billion in royalties to rights holders — music publishers and songwriters.

As of the September distribution, The MLC has directly distributed over $1.3bn in blanket royalties and over $160m in royalties — when valued at the statutory rates used by The MLC — processed by The MLC but paid by DSPs pursuant to voluntary licens...

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