NASHVILLE, TN – The Mechanical Licensing Collective (The MLC) and Digital Licensee Coordinator, Inc. (DLC) have renewed their budget agreement that will allow The MLC to continue to perform critical tasks as directed under the Music Modernization Act (MMA).
The MLC’s CEO Kris Ahrend and DLC Board offered the following joint statement upon announcement of the agreement:
“This agreement between The MLC and DLC marks another important milestone in The MLC’s development by providing the funding The MLC will need to ensure its continued success moving forward. We will continue working together to fulfill the objectives of the MMA and build on the achievements of The MLC to date, which include providing a landmark royalty administration platform and public musical works database, as well as helping songwriters get the royalties that they are due.
“We also reiterate our commitment to continue to evaluate The MLC’s operating costs and maintain operational transparency, including the substantial public disclosures that The MLC already provides regarding its collection and distribution of royalties, its annual expenditures, and its projected annual budgets.”
More details on the agreement are available in the Copyright Royalty Board filing here.
The MLC is a nonprofit organization designated by the United States Copyright Office to develop and administer a revolutionary mechanical licensing system that successfully launched on January 1, 2021. The MLC is responsible for collecting and distributing royalties payable to rightsholders by digital music services. Additionally, The MLC maintains a comprehensive public database, housing critical copyright information for all musical works.
DLC is a nonprofit entity designated by the United States Copyright Office to represent the interests of digital music services under the MMA.
To learn more about The MLC, visit www.themlc.com.
To learn more about DLC, visit www.digitallicenseecoordinator.org
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