Last week, two competing groups filed paperwork to run the Mechanical Licensing Collective, or MLC. Now, we’re learning more about what those proposals contain. How much does it cost to start and run a streaming mechanical licensing agency? According to major publishers like Sony/ATV, Warner/Chappell, and Universal Music Publishing Group, start-up costs alone could reach […]
The post Major Publishers Request $26-48 Million Just to Start the MLC — With Annual Operating Costs Approaching $40 Million appeared first on Digital Music News.