May 8, 2024
Understanding How Digital & Physical Mechanical Royalties Work
The New Music Business with Ari HerstandAbout this episode
Order THIRD EDITION of How to Make It in the New Music Business: https://book.aristake.com Serona 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. Chapters 00:00 Introduction and Background 07:30 Changes in Mechanical Licensing 21:21 Releasing Co-Written Songs 25:06 Introduction to the MLC 29:33 Calculating Royalties for Streams 40:40 Relationship Between the MLC and PROs 49:32 International Mechanical Royalties 54:21 The Role of Legislation in the Music Industry 01:00:41 Calculating Mechanical Royalties 01:07:38 Defining Success in the Music Business Subscribe to The New Music Business: https://aristake.com/new-music-business-podcast/ Ari's Take Academy: https://aristakeacademy.com Watch more discussions like this: https://bit.ly/3LavMpa Connect with Ari’s Take: Website: https://aristake.com Instagram: https://www.instagram.com/aristake_ TikTok: https://www.tiktok.com/@aris.take X: https://twitter.com/ArisTake Threads: https://www.threads.net/@aristake_ YouTube: https://www.youtube.com/user/aristake1 Connect with Ari Herstand: Website: https://ariherstand.com Instagram: https://instagram.com/ariherstand X: https://twitter.com/ariherstand YouTube: https://youtube.com/ariherstand Connect with The MLC and Serona Elton: Website: https://www.themlc.com/ Youtube: https://www.youtube.com/@TheMLC Instagram: https://www.instagram.com/mlc_us/ LinkedIn: https://www.linkedin.com/in/serona Edited and mixed by Ari Davids Music by Brassroots District Produced by the team at Ari’s Take Hosted on Acast. See acast.com/privacy for more information.