Songwriter organizations are urging congressional action on Mechanical Licensing Collective ‘black box’ royalties. Among those who appeared before a House subcommittee were MLC CEO Kris Ahrend, and predictably, covered topics included the “black box” unmatched royalties held by the MMA-created MLC. Beforehand, the MLC had refused to disclose the precise amount of undistributed creator compensation in its possession, with reports and documents suggesting that the figure could be approaching a cool $1 billion.
Source: Songwriter Groups Urge Lawmaker Action on MLC ‘Black Box’