Industry Consensus Group Lays Out Proposed Plan to Run Mechanical Licensing Collective
(WorldNews Music)

The industry consensus group angling to form the Mechanical Licensing Collective (MLC) created by the Music Modernization Act anticipates start-up costs of anywhere from $26 million to $48 million, with an annual operating cost of $25 million to $40 million a year. That`s according to the application sponsored by the National Music Publishers Association, the Nashville Songwriters Association International and the Songwriters of North America that was made public on Friday (March 22), along with a rival proposal by the American Music Licensing Collective (AMLC), comments and a lone application to run the Digital Licensing Coordinator role submitted by the Digital Media Association. The...