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

Post a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Get the latest RightsTech news and analysis delivered directly in your inbox every week
We respect your privacy.