The MLC Unveils New Portal For Independent Music Distributors
I am extremely proud 😁 to announce the launch of a game-changing program that I’ve been championing and developing at The Mechanical Licensing Collective for over 2 years:
The MLC’s Distributor Unmatched Recordings Portal (DURP) is a first-of-its-kind portal that enables independent music distributors to, for the first time, view the recordings they’ve distributed to digital music services (e.g. Spotify, Apple, Amazon, Google, Pandora, Tidal) that may be accruing unclaimed digital audio mechanical royalties for artists and songwriters.
After 12+ years of representing and advising music creators, advocating for music creators, and empowering music creators with education and resources to protect their copyrights and unlock royalties, I am thrilled to offer independent music distributors a tool to help music creators claim millions of dollars in unclaimed royalties from over 2 million unmatched recordings at The MLC.
I would like to thank DURP beta users Believe, TuneCore, CD Baby, Symphonic Distribution, EMPIRE, Vydia, and Repost by SoundCloud for their support and early feedback.
Music distributors can learn more, register for our upcoming info webinar, and request access to DURP at http://www.durp.themlc.com.
Royalty Claim Initiative Unveils RoyaltyClaim.com
I’m so proud to be able to unveil the info website for Royalty Claim today. I’ve had endless sleepless nights developing and designing the info site, and the actual database platform that’s launching soon.
Check it out, get your questions answered (see FAQ page), and pre-register for the beta.
The first public demo will be this Thursday at SCMIP x AMC LA Music Industry Meetup | DTLA Arts District.
I’m Working On A Side Project Addressing ‘Black Box’ Royalties
As of this writing, there are currently 116,133 verifiable* payments owed to music creators and rights-holders that are sitting in unclaimed/undistributed royalties escrow accounts (referred to as “Black Box” funds**) in the United States.
The actual number of individual payments owed is likely closer to or exceeds 1 Million, however the actual number is unknown because the administrator(s) of some of the biggest Black Box funds have not made public their list of payees to whom they owe royalties.
Unfortunately, due to the statute of limitations on these funds many of these payments expire. Every month payees unknowingly forfeit their rights to these payments and the interest in the royalties revert back to the administrator. This happens because the payee does not contact the administrator of the fund to claim their royalties. Granted, most payees are unaware that these payments are waiting for them because the administrator is unable to reach the payee for various reasons.
It has been estimated that the global “Black Box” royalties could be in the billions of dollars owed to music creators and rights-holders.
Imagine working somewhere and then you do not receive a paycheck because the HR department does not have your new address. Not a perfect analogy, but not receiving monies that you’ve earned as a result of your hard work seems unfair.
THIS IS A HUGE PROBLEM
So, I am happy to announce that I am working on a side project called Royalty Claim. Royalty Claim will attempt to work with as many of these administrators to aggregate their databases of millions of records of unclaimed/undistributed royalties and make that information available to the public. There are other services and insight that we will offer through Royalty Claim to help educate music creators and rights-holders on Black Box funds and how to limit/prevent their earnings from falling victim to the broken global music licensing ecosystem (such as taking control of your music catalog with TuneRegistry).
Want to get updates on the Royalty Claim project and be the first to know when we have something to reveal? Sign-up for our email list at www.RoyaltyClaim.com.
Also, follow @RoyaltyClaim on Twitter.
* These 116,133 payments are specifically verifiable because the list of payee names can be gathered from several databases.
** I am currently aware of over 30 funds and sub funds being managed in the United States. However, there are definitely many more that are “private”.