Understanding How Digital & Physical Mechanical Royalties Work

Order THIRD EDITION of How to Make It in the New Music Business: https://book.aristake.comSerona Elton serves as Head of Educational Partnerships for The Mechanical Licensing Collective (The MLC). In this role, Elton directs The MLC’s efforts to engage future members of the music industry currently studying music business and related subjects at colleges and universities across the country and around the world. With extensive experience as a music industry professional and educator, Elton is also a professor and Director of the Music Industry Program at the University of Miami Frost School of Music. In 2023, she was named Music Business Educator of the Year by the Music Business Association. She is also a Yamaha Master Educator.Chapters00:00 Introduction and Background07:30 Changes in Mechanical Licensing21:21 Releasing Co-Written Songs25:06 Introduction to the MLC29:33 Calculating Royalties for Streams40:40 Relationship Between the MLC and PROs49:32 International Mechanical Royalties54:21 The Role of Legislation in the Music Industry01:00:41 Calculating Mechanical Royalties01:07:38 Defining Success in the Music BusinessSubscribe to The New Music Business: https://aristake.com/new-music-business-podcast/Ari's Take Academy: https://aristakeacademy.comWatch more discussions like this: https://bit.ly/3LavMpaConnect with Ari’s Take:Website: https://aristake.comInstagram: https://www.instagram.com/aristake_TikTok: https://www.tiktok.com/@aris.takeX: https://twitter.com/ArisTakeThreads: https://www.threads.net/@aristake_YouTube: https://www.youtube.com/user/aristake1Connect with Ari Herstand:Website: https://ariherstand.comInstagram: https://instagram.com/ariherstandX: https://twitter.com/ariherstandYouTube: https://youtube.com/ariherstandConnect with The MLC and Serona Elton:Website: https://www.themlc.com/Youtube: https://www.youtube.com/@TheMLCInstagram: https://www.instagram.com/mlc_us/LinkedIn: https://www.linkedin.com/in/seronaEdited and mixed by Ari DavidsMusic by Brassroots DistrictProduced by the team at Ari’s Take Hosted on Acast. See acast.com/privacy for more information.