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Mechanical Licensing Collective sets creation costs and first-year budget

Progress continues with the Mechanical Licensing Collective, the organization formed by the Music Modernization Act to administer the new blanket licenses. The MLC has said it will need $37.25 million to build the structure and set its first-year operating budget at $29 million. Continue Reading

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New publisher lawsuit against Spotify also challenges the Music Modernization Act

Spotify has seen its share of lawsuits, and the latest is targeting more than just the streaming service. Eight Mile Style, the publisher representing Eminem and others, has alleged that Spotify infringed on copyrights related to about 250 of the rapper’s songs. The suit also targets the recently passed Music Modernization Act. Continue Reading

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Public comment closes on Justice Department’s consent decree review, revealing more industry division

The Department of Justice has closed the open comment period for its review of the consent decrees governing ASCAP and BMI. Both of the performing rights organizations have submitted their views on the subject, as have other groups from the music and audio industry. Even though the topic was recently addressed by the DOJ, the sector still has deeply divided interests in how these rules may or may not change. Continue Reading