MLC, Digital Services Strike Deal to Fund Music Modernization Act-Mandated Database

Under the agreement, the MLC will receive $33.5 million in startup costs, as well as a first-year operating budget of $28.5 million, with the bill being split among the digital services — Amazon, Apple, Google, Pandora and Spotify — proportional by size, with the largest footing the larger portion of the payment.

Source: MLC, Digital Services Strike Deal to Fund Music Modernization Act-Mandated Database

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