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






UK-based royalty collection and distribution pillar PRS for Music announces a record quarterly royalty distribution of $288.7 million (£239 million), a 13% increase compared to last October. The largest single royalty payment in PRS for Music’s 109-year history, over 4,000 members received their first royalty payments this month.
This morning Deezer has announced a partnership with French collecting society Sacem to “explore the artist-centric monetization model for publishing rights in music streaming.” That means “new ways of rewarding the value songwriters and publishers create” that “aims to ensure fairer compensation for publishing rights owners.”
Spotify is planning to make significant changes to its royalty payout model in Q1 2024 – with the intent to move USD $1 billion in royalty payments over the next five years to ‘legitimate’ artists and rightsholders. Spotify has been discussing details of its blueprint for the new royalty model with various music rightsholders in recent weeks.