Categories: Digital LifeNews

Apple pays USD 163.3 million in historical unmatched song royalties, largest contributor among 20 major music streaming services

A total of 20 music streaming services, including Apple Music, Spotify and Amazon Music, recently paid a total of USD 424.4 million (RM1.7 billion) in accrued historical unmatched royalties to The Mechanical Licensing Collective (MLC). The MLC is a body formed under the US’ Music Modernization Act, and the royalties are expected to be distributed to songwriters and publishers starting this April.

Among all the music streaming services that contributed to the MLC, Apple Music paid the highest licensing fees of USD 163.3 million (RM659 million). This was followed by USD 152.2 million (RM614.2 million) from Spotify, while Amazon and Google transferred USD 42.7 million (RM172.3 million) and USD 32.8 million (RM132.4 million) respectively. 

Source: 9to5Mac

If you are curious, what are “unmatched royalties”, they are essentially royalties earned that were unable to matched to a copyright owner by music streaming services. This normally occurs when songs aren’t registered correctly or the contact of the information of the songwriter is not available.

Variety reported that the MLC has taken the receipt of the royalty payments and corresponding data reports that identify the usage related to these royalties from the top streaming providers.

The MLC is responsible for collecting and distributing royalties payable to songwriters as well as identify musical works and their owners.

In addition to the royalties payments made to the MLC, the music streaming services concerned also delivered more than 1,800 data files, which contain more than 1.3 terabytes and 9 billion lines of data.

Going forward, the MLC said it will provide additional information about historical unmatched royalties on a newly created page on its website entitled “Historical Unmatched Royalties.” 

Following the payment of the licensing fees to MLC, National Music Publishers Association President/CEO David Israelite said: 

This is a massive win for music creators and the streaming services themselves. Songwriters and music publishers have for years fought to ensure they were paid accurately and fully by digital streaming services.

‘Unmatched money’ has plagued the industry and today, thanks to the Music Modernization Act, we know that it amounts to just under $425 million.”

To find more details about music royalty fees, visit The MLC’s official website.

[SOURCE, 2]

Related reading

Recent Posts

CelcomDigi awarded additional 900MHz and 2600MHz spectrum to boost network capacity and coverage

CelcomDigi has been awarded additional spectrum in the 900MHz and 2600MHz frequency bands. The extra…

10 hours ago

Samsung Health: You can now start Sleep Coaching with just three days of data

Samsung has rolled out an update to the Samsung Health app that significantly lowers the…

13 hours ago

ColorOS 17 coming to Malaysia with Living Flow UI, System-Level AI Agents and 6-year smoothness guarantee

This post is brought to you by OPPO. OPPO has officially announced that ColorOS 17…

14 hours ago

Aeon Bank customer claims he received RM1 billion in his account by mistake

Imagine opening your banking app and discovering that you have over RM1 billion in your…

15 hours ago

Here’s how CelcomDigi is stepping up flood preparedness ahead of the monsoon season

CelcomDigi has announced its operational preparations ahead of the upcoming monsoon season, rolling out infrastructure…

15 hours ago

WhatsApp Guest Calling lets anyone join calls without an account or time limits

Meta has introduced guest calling for WhatsApp, enabling anyone to join voice and video calls…

16 hours ago

This website uses cookies.