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What the $424M MLC royalty ‘black box’ means for musicians
In this article, Christ Castle breaks down the legal and financial implications of the MLC’s $424 million black box it recently received from digital service providers.
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The Circular Awards Ceremony has begun anew and the corporate media wants someone to adore, dang it! Cue “It’s a Pleasure Being Sad.”
The MLC received $424 million of “inception to date black box” as required by the statute enacted October 18, 2019. It didn’t just happen by accident that most DSPs paid the money around February 15, 2021–this was the statutory deadline the lobbyists wrote into the bill, or who Senate staff called “the parties.” You, you see, were not a party and you, you see, had no say in how your money was divided up. So the MLC has known about this deadline for years.