Happy New Year Songwriters! You’ve Got New Royalties
Happy New Year Songwriters & Music Publishers!
Take note of the new mechanical royalty rates that are now in effect for the use of your songs in the United States:
As of January 1, 2023, royalty rates are as follows:
• Physical / Permeant Download: 12¢ per minute or 2.31¢ per minute or fraction thereof, whichever amount is greater
• Interactive Streaming / Limited Downloads / Locker Services / Other Digital Deliveries: 15.1% of Service Revenue or Total Content Cost Prong Calculation, whichever amount is greater by offering.
As a reminder, if you own the publishing in your songs, you may be eligible to join The Mechanical Licensing Collective to get paid directly 100% of your digital audio mechanical royalties. This is a separate royalty stream, which your PRO (ASCAP / BMI / SESAC) does not collect or pay out. You earn two songwriter royalties when your songs are streamed on Spotify, Apple Music, Tidal, and other digital music services. You earn a performance royalty (ASCAP, BMI, SESAC) and a mechanical royalty (The MLC).
Learn more about The MLC at http://www.themlc.com and join for free today!
About The MLC in 60 Seconds: