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Music Business Worldwide
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The Mechanical Licensing Collective has distributed $3bn+ to songwriters and publishers to date
https://www.musicbusinessworldwide.com/the-mechanical-licensing-collective-has-distributed-3bn-to-songwriters-and-publishers-since-2021/
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The MLC was designated by the United States Copyright Office (USCO) in 2019 started to administer blanket mechanical licenses in January 2021 Source