The Mechanical Licensing Collective (The MLC), the entity that collects mechanical royalties within the US from digital service suppliers, has been named amongst Quick Firm’s listing of the World’s Most Modern Corporations of 2025.
The milestone comes some six months after the Nashville-based group announce it had collected and distributed some $2.5 billion in royalties since its inception.
The 2018 Music Modernization Act (MMA) led to the formation of The MLC, tasking it with managing blanket mechanical licenses issued to eligible streaming providers working within the US, reminiscent of Spotify, Apple Music, and Amazon Music.
The popularity comes because the music business continues to deal with the complexities of rights administration within the digital streaming period.
“This choice additionally acknowledges The MLC’s dedication to excellence and its ardour for service, which have ensured that the songwriters, composers, lyricists, and music publishers it serves obtain their mechanical royalties from streaming and obtain providers in the US precisely and on time,” The MLC mentioned in a press release on Wednesday (March 19).
“The thought for The MLC was conceived of by songwriter and music writer advocates, and established by Congress, to remodel the way in which rights within the music business are administered in the US.”
Kris Ahrend, The MLC
“We’re extremely honored and grateful to be acknowledged by Quick Firm as one of many World’s Most Modern Corporations,” mentioned Kris Ahrend, CEO of The MLC.
“The thought for The MLC was conceived of by songwriter and music writer advocates, and established by Congress, to remodel the way in which rights within the music business are administered in the US.
“From the start, our group has risen to that problem and strived to satisfy this shared imaginative and prescient for the advantage of songwriters and their music publishing companions. With this recognition, we reaffirm our dedication to serve and empower our Members, improve transparency, and drive innovation.”
Since April 2021, the MLC has accomplished all 48 month-to-month distributions on time or early. The group says it has enrolled greater than 55,000 members and compiled a database containing possession data for over 45 million songs.
The MLC’s admission to Quick Firm’s listing places it alongside firms which have made “important contributions via creativity, innovation, and forward-thinking methods.”
The listing additionally names different music firms together with Merlin, a digital music licensing and membership group for impartial labels, distributors and different rightsholders; Seeker Music, the music rights, publishing, and report firm led by Evan Bogart; streaming platform SoundCloud; distribution, publishing and licensing service TuneCore; and Music AI, the corporate behind the Moises music creation platform.
Music Enterprise Worldwide
