News: Multiple streaming platforms pay £306 MILLION in unmatched royalties to Mechanical Licensing Collective following the recent passing of the Music Modernisation Act.

The Artists Rights Alliance said: “Today’s historic transfer of almost half a billion dollars in unmatched royalties to the MLC is a great start – but there’s a lot of work still to be done to get that money to the songwriters that earned it. We are grateful to the Copyright Office team that skillfully and doggedly worked through a number of complex issues in the months leading up this transfer, including major disagreements about the proper treatment of past industry settlements”.  

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