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Licensing collective created by the Music Modernization Act reaches budget deal

The implementation of the Music Modernization Act took another important step forward today. The Mechanical Licensing Collective has secured a deal with the Digital Licensing Coordinator, which represents digital music services that will fund the launch and operation of the collective. Continue Reading

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IFPI and WIN to launch centralized data exchange service next year

The IFPI and Worldwide Independent Network (WIN) announced a new deal that will see the two parties collaborate on a system for collecting recording industry data. The Repertoire Data Exchange, or RDx, is a centralized industry data exchange service that will allow record companies and music licensing companies (MLCs) to manage their recording rights. Continue Reading

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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