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In copyright law, a mechanical license is a license from the holder of a copyright of a composition or musical work, to another party to create a "cover song", reproduce, or sample a portion of the original composition.
In 2021, MCPS delivered its highest distribution of royalties to publisher, song writer and composer members since 2012. Statutory accounts, published in 2021 show distributions for the year ended 31 December 2020 were £157.8m; a 10% increase of £14.4m from 2019. These strong returns reflect the growing demand for mechanical licensing globally.
AMCOS, which formed in 1979, is responsible for licensing musical works to third parties who reproduce music via CD, DVD, vinyl recording, downloading, streaming or other digital means of reproduction, issuing what are known as mechanical rights and distributing mechanical royalties to writers and publishers of music and overseas affiliates.
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PRS for Music administers the performance rights and mechanical rights of about 41 million [3] musical works on behalf of its songwriters, composers and publishing members and in 2018 processed over 11.1 trillion uses of music. PRS for Music licenses and collects royalties for its members' musical works whenever they are publicly performed, or ...
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Société des auteurs et compositeurs dramatiques (SACD); Société des auteurs, compositeurs et éditeurs de musique (SACEM) English: Society of Authors, Composers, and Music Editors
Analysts predict that, as a result, the value of royalties, licenses and other related assets will rise with increased competition, presenting opportunities for artists, labels and investors alike.