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MLC CEO Kris Ahrend on how they collect your mechanical royalties
Manage episode 340200347 series 3344298
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The MLC, which stands for Mechanical Licensing Collective, was established in 2018 under the Music Modernization Act. The MLC's responsibility is to collect the blanket mechanical royalties that is paid by the digital service providers (Spotify, Apple Music, Amazon Music, etc). At the time of this episode's publishing, the MLC has paid out more than $500 million in mechanical royalties.
In this episode, Monique, Lennon, and Robert speak with the MLC's CEO Kris Ahrend to breakdown what exactly their responsibilities are, what royalties do they collect, and how musicians and songwriters can sign up and begin collecting their mechanical royalties.
Watch on YouTube: https://youtu.be/jSUFZedG9RY
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