The MLC reports that rightsholders have received more than $800 million to date, including nearly $700 million in blanket royalties paid directly by the MLC, plus nearly $120 million in royalties processed by The MLC but paid by DSPs. The MLC administers a blanket compulsory license for the use of musical works by digital music services. From January 2021, The MLC started processing and paying out “mechanical royalties” at no cost to songwriters or music publishers.
Source: Nearly $700m has been paid to songwriters and publishers by the MLC to date