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.
Tag Archives: Royalties
Dr. Dre and Jimmy Iovine Ordered to Pay $25M to Former Beats Business Partner
Dr. Dre and Jimmy Iovine have been ordered to pay more than $25 million to their former business partner Steven Lamar. Continue reading Dr. Dre and Jimmy Iovine Ordered to Pay $25M to Former Beats Business Partner
Spotify Slammed With $150 Million Lawsuit For Unpaid Royalties
Musician David Lowery is suing music-streaming site Spotify for illegally distributing several of his copyrighted songs. Lowery, the frontman for the bands Cracker and Camper van Beethoven, is seeking a minimum of $150 million in damages.
Continue reading Spotify Slammed With $150 Million Lawsuit For Unpaid Royalties