The Mechanical Licensing Collective (MLC) reports that it has now distributed over $1.5 billion in royalties to songwriters in the past two and half years since launching full operations. As of Monday (October 30), the MLC said it has already met every milestone set by Congress in the MMA and distributed over $1.5 billion in royalties.
Source: The MLC has paid out over $1.5bn to songwriters to date