On Wednesday, the Mechanical Licensing Collective announced it had received $424.38 million in unmatched royalties from Apple Music, Amazon Music, and Spotify among other streaming services. Variety reports that these streaming services paid the accrued historical unmatched royalties, often called “black box money,” to the MLC in order to get these royalties to copyright holders, songwriters, and publishers who have applied to be MLC members.
GameStop, a company that was expected to close hundreds of stores in 2021, has made a stunning comeback in the stock market. And it’s all thanks to an army of Reddit users who were gutsy enough to take on big Wall Street.
So far, it seems 2021 is on track to be a DJ Khaled mixtape remix of 2020. But, there is at least one lucky person who already has something to smile about this year.
President-elect Joe Biden is looking to immediately relieve some pressure off of Americans by asking Congress to forgive $10,000 in student loan debt for all borrowers.