Mechanical Licensing Collective hires three execs
The Mechanical Licensing Collective (MLC), the government-appointed and regulated agency for collecting and distributing blanket compulsory mechanical license for digital music services, has hired three new executives. The MLC was formed from the Music Modernaization Act of 2018. Last month the unit received a first stash of $424-million in royalty payments from Apple, Spotify, Google, Pandora, and 15 other streaming entites for distribution. Continue Reading