Fairness Rocks News Major Publishers Request $26-48 Million Just to Start the MLC — With Annual Operating Costs Approaching $40 Million


Industry News

Major Publishers Request $26-48 Million Just to Start the MLC — With Annual Operating Costs Approaching $40 Million

How much does it cost to start and run a streaming mechanical licensing agency in the U.S.?

 

According to major publishers like Sony/ATV, Warner/Chappell, and Universal Music Publishing Group, start-up costs alone could reach $48 million. The group, as represented by the NMPA, recently estimated both start-up and annual operational budgets to run the Mechanical Licensing Collective, or MLC.

 

Read more: https://www.digitalmusicnews.com/2019/03/27/major-publishers-mlc-submissions/