The Federal Reserve Raises the Interest Rate for the MLC’s Black Box in Good News for Songwriters
Black box interest rates on the $500,000,000 MLC unmatched money just moved from 0.44% to 2.84% and will go higher.
Black box interest rates on the $500,000,000 MLC unmatched money just moved from 0.44% to 2.84% and will go higher.
The Dog Who Didn’t Bark On the Mirror There seems to be some concern about pre-MMA confidential lump sum payments of accrued black box monies under direct licenses or settlement agreements. Services are promoting the idea that these payments must be deducted from the cumulative black box payments required for services to get the benefit of […]
[Editor Charlie sez: This post is a version of Chris Castle’s comment in the current Copyright Office rulemaking on the transparency of the MLC and originally appeared on The Trichordist.] By Chris Castle Just when you think you understand Title I of the Music Modernization Act, another toad runs out from under a rock. My nickname […]
The MMA is a litigation magnet because of its failure to mandate a wholistic solution to the controversial black box. There are two commercially available systems that can address the problem.
One of the most unusual aspects of the non-profit collective to be established under the Music Modernization Act is the method of codifying the number of seats on the board of directors (and a couple other boards) and designating the characteristics of the kind of person who gets to hold those seats. (Of course, it […]