Mechanical Licensing Collective (MLC)
The Mechanical Licensing Collective (MLC) is a nonprofit organisation established under the Music Modernization Act of 2018. It was created to issue blanket mechanical Music licence, licences for qualified streaming services in the United States, such as Spotify, Apple Music, Amazon Music, and Tidal (service), Tidal. History As of January 2021, the MLC began paying Royalty payment, royalties to rights owners. In October 2022, it was reported that the MLC had paid almost $700 million in blanket royalties to songwriters and publishers. Funding The digital services that use the MLC have a legal obligation to spend $33.5 million on their start-up costs and $28.5 million on their first-year operating costs. Function To resolve the issue of music creators not getting paid for their work, the MLC built a publicly accessible musical works database and portal that creators and music publishers can use to submit and maintain their musical works data. This is so tha ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Kris Ahrend
The kris, or ''keris'' in the Indonesian language, is an asymmetrical dagger with distinctive blade-patterning achieved through alternating laminations of iron and nickelous iron (''pamor''). Of Javanese origin, the kris is famous for its distinctive wavy blade, although many have straight blades as well, and is one of the weapons commonly used in the '' pencak silat'' martial art native to Indonesia. A kris can be divided into three parts: blade ( or ), hilt (), and sheath (). Each part of the kris is considered a piece of art, often carved in meticulous detail and made from various materials: metal, precious or rare types of wood, or gold or ivory. A kris's aesthetic value covers the (the form and design of the blade, with around 60 variants), the (the pattern of metal alloy decoration on the blade, with around 250 variants), and referring to the age and origin of a kris. Depending on the quality and historical value of the kris, it can fetch thousands of dollars or more. ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Music Licence
Music licensing is the licensed use of copyrighted music. Music licensing is intended to ensure that the owners of copyrights on musical works are compensated for certain uses of their work. A purchaser has limited rights to use the work without a separate agreement. Definitions The following words and phrases appear in discussion of music licensing: ;license : the right, granted by the copyright holder or his/her agent, for the broadcast, recreation, or performance of a copyrighted work. Types of licensing contracts can include: 1) a flat fee for a defined period of usage, or 2) royalty payments determined by the number of copies of the work sold or the total revenues acquired as a result of its distribution. In addition to a basic fee, most music licensing agreements require additional payments to the copyright owner when the work in which it is included (movie, play) is financially successful above a certain threshold. ;licensor : the owner of the licensed work ;licensee : t ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Spotify
Spotify (; ) is a proprietary Swedish audio streaming and media services provider founded on 23 April 2006 by Daniel Ek and Martin Lorentzon. It is one of the largest music streaming service providers, with over 456 million monthly active users, including 195 million paying subscribers, as of September 2022. Spotify is listed (through a Luxembourg City-domiciled holding company, Spotify Technology S.A.) on the New York Stock Exchange in the form of American depositary receipts. Spotify offers digital copyright restricted recorded music and podcasts, including more than 82 million songs, from record labels and media companies. As a freemium service, basic features are free with advertisements and limited control, while additional features, such as offline listening and commercial-free listening, are offered via paid subscriptions. Users can search for music based on artist, album, or genre, and can create, edit, and share playlists. Spotify is available in most of Euro ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Apple Music
Apple Music is a music, audio and video streaming service developed by Apple Inc. Users select music to stream to their device on-demand, or they can listen to existing playlists. The service also includes the Internet radio stations Apple Music 1, Apple Music Hits, and Apple Music Country, which broadcast live to over 200 countries 24 hours a day. The service was announced on June8, 2015, and launched on June30, 2015. New subscribers get a one-month free or six months free trial with the purchase of select products before the service requires a monthly subscription. Originally strictly a music service, Apple Music began expanding into video in 2016. Executive Jimmy Iovine has stated that the intention for the service is to become a "cultural platform", and Apple reportedly wants the service to be a "one-stop shop for pop culture". The company is actively investing heavily in the production and purchasing of video content, both in terms of music videos and concert footage ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Amazon Music
Amazon Music (previously Amazon MP3) is a music streaming platform and online music store operated by Amazon. Launched in public beta on September 25, 2007, in January 2008 it became the first music store to sell music without digital rights management (DRM) from the four major music labels ( EMI, Universal, Warner, and Sony BMG), as well as many independents.Amazon.com Launches Public Beta of Amazon MP3 All tracks were originally sold in 256 kilobits-per-second variable bitrate MP3 format without per-customer [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Tidal (service)
Tidal (stylized in all caps) is a Norwegian-American subscription-based music, podcast and video streaming service that offers audio and music videos. Tidal was launched in 2014 by Swedish public company Aspiro which is now majority-owned by Block, Inc., an American payment processing company. With distribution agreements with all three major record labels and many independent labels, Tidal claims to provide access to more than 80 million tracks and 350,000 music videos. It offers two levels of service: Tidal HiFi (up to CD quality – FLAC-based 16-bit/44.1 kHz) and Tidal HiFi Plus (up to MQA – 24-bit/96 kHz). Tidal claims to pay the highest percentage of royalties to music artists and songwriters within the music streaming market. In March 2015, Aspiro was acquired by Project Panther Bidco Ltd., which relaunched the service with a mass-marketing campaign, promoting it as the first artist-owned streaming service. In January 2017, Sprint Corporation bought 33% of Tida ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Royalty Payment
A royalty payment is a payment made by one party to another that owns a particular asset, for the right to ongoing use of that asset. Royalties are typically agreed upon as a percentage of gross or net revenues derived from the use of an asset or a fixed price per unit sold of an item of such, but there are also other modes and metrics of compensation.Guidelines for Evaluation of Transfer of Technology Agreements, United Nations, New York, 1979 A royalty interest is the right to collect a stream of future royalty payments. A license agreement defines the terms under which a resource or property are licensed by one party to another, either without restriction or subject to a limitation on term, business or geographic territory, type of product, etc. License agreements can be regulated, particularly where a government is the resource owner, or they can be private contracts that follow a general structure. However, certain types of franchise agreements have comparable provisions. ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Music Licensing Organizations
Music is generally defined as the art of arranging sound to create some combination of form, harmony, melody, rhythm or otherwise expressive content. Exact definitions of music vary considerably around the world, though it is an aspect of all human societies, a cultural universal. While scholars agree that music is defined by a few specific elements, there is no consensus on their precise definitions. The creation of music is commonly divided into musical composition, musical improvisation, and musical performance, though the topic itself extends into academic disciplines, criticism, philosophy, and psychology. Music may be performed or improvised using a vast range of instruments, including the human voice. In some musical contexts, a performance or composition may be to some extent improvised. For instance, in Hindustani classical music, the performer plays spontaneously while following a partially defined structure and using characteristic motifs. In modal jazz ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |