The MLC, which stands for Mechanical Licensing Collective, was established in 2018 under the Music Modernization Act. The MLC's responsibility is to collect the blanket mechanical royalties that is paid by the digital service providers (Spotify, Apple Music, Amazon Music, etc). At the time of this episode's publishing, the MLC has paid out more than $500 million in mechanical royalties.
In this episode, Monique, Lennon, and Robert speak with the MLC's CEO Kris Ahrend to breakdown what exactly their responsibilities are, what royalties do they collect, and how musicians and songwriters can sign up and begin collecting their mechanical royalties.
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0:00 - Intro
2:01 - About the MLC and Kris Ahrend
3:25 - Reminder of what royalties the MLC collects and how they make their money
7:41 - The blanket license the MLC is collecting replaced the compulsory license
9:16 - Where was the $424 million in royalties the MLC received being held?
12:20 - Does the MLC collect the mechanical statutory rate royalty for covers?
17:16 - Self-published to publishing deal
19:20 - Self-published artists collaborating with songwriter who's signed to a publisher
22:57 - Do you enter the metadata into the MLC database before or after you distribute a song?
28:32 - Why your metadata is so important in getting paid
32:42 - Are Harry Fox Agency and MLC going to merge?
35:43 - When does MLC pay out royalties? Will MLC transition into blockchain technology?
40:23 - What does Kris want musicians to know about the MLC?
42:52 - Who collects mechanical royalties outside of the US?
45:53 - Is the MLC's innovation limited by the law?
50:45 - Is Kris surprised at how fast musicians went to the MLC to sign up?
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Website: https://www.themlc.com/
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