The Mechanical Licensing Collective (The MLC) held its second Annual Membership Meeting this week, sharing key metrics from the last year.
The announcements included:
- The MLC has collected almost $1 billion in mechanical royalties.
- As a result of The MLC’s efforts, rightsholders have received more than $800 million in royalties — nearly $700 million in blanket royalties distributed directly by The MLC and nearly $120 million in royalties (when valued at the statutory rates used by The MLC) processed by The MLC but paid by DSPs pursuant to voluntary licenses.
- The MLC has received more than 17 million works registrations to date and has processed more than 98 percent of those registrations.
- The MLC now has more than 22,000 Members, having added more than 6,000 to date in 2022.
“Our team has worked hard to build robust data processing systems that allow us to distribute royalties accurately and on time.”
– Kris Ahrend, The MLC
“We are incredibly proud of these accomplishments,” says The MLC CEO Kris Ahrend. “Our team has worked hard to build robust data processing systems that allow us to distribute royalties accurately and on time. We have also released a suite of tools for our Members that enable them to manage their catalog data effectively and correct any missing or inaccurate data they find. While there is still more work to do, we are pleased with our progress and are deeply appreciative of all the support we have received from our Members and from the broader industry at large.”
It was also announced during the meeting that three current members of The MLC Board of Directors, Tim Cohan, Scott Cutler, and Kara DioGuardi, were each selected to serve a second three-year term on the Board.