The MLC Publishes Annual Report

U.S. Copyright Office sent this bulletin at 07/29/2022 12:40 PM EDT

The MLC Publishes Annual Report

June 29, 2022

The MLC has now posted its 2021 Annual Report on its Governance page. As required by the Music Modernization Act of 2018, the report offers a look into The MLC’s first full year of operations, key performance metrics from 2021, a financial summary, and more. The report includes information on:

The MLC’s operational and licensing practices;
Budgeting and expenditures, including the collective total costs for the preceding calendar year and projected annual budget, expenses that are greater than 10 percent of the annual budget; and
Aggregated royalty receipts and payments.

The annual report also covers how royalties are collected and distributed, as well as the MLC’s efforts to locate and identify copyright owners of unmatched musical works (and shares of works).

To learn more about the Music Modernization Act, visit copyright.gov/music-modernization.

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