Highest Paid MLC employees revealed
The Mechanical Licensing Collective, the nonprofit that distributes mechanical royalties to music creators in the United States, has revealed the highest paid MLC employees sparking discussions about transparency and executive compensation.
Highest paid MLC employees revealed
The MLC, Inc. has to disclose its “highest compensated” employees on its nonprofit Form 990 tax return for 2023. The Copyright Office was supposed to be reviewing public comments on whether the MLC, Inc. should be renewed for another five years or if the party is over. That review has been going on for a year now, maybe they forgot? The party is obviously still going strong.
MLC Background
What does the MLC do?
- Collects royalties from digital service providers (DSPs) like YouTube
- Distributes royalties to eligible music creators
- Identifies musical works and their owners
- Matches copyright owners to sound recordings
- Maintains a publicly accessible database
Who can receive royalties from the MLC?
- Self-administered songwriters, Composers, Lyricists, Music publishers, Administrators, and CMOs.
How was the MLC established?
- In 2019, the Register of Copyrights designated the MLC as the entity responsible for administering the blanket license for digital uses of musical compositions
- The MLC began issuing blanket mechanical licenses on January 1, 2021
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