An Update from CEO, Kris Ahrend
Greetings from Nashville! I hope you have been able to enjoy the Summer despite the continued challenges we all face as a result of the pandemic. This newsletter contains a number of exciting updates about the work The MLC team has done since the last time I wrote to you. I’ll start by highlighting two of them.
First, as you may have noticed, we have given this newsletter a name: “The Quarter Note”. With this change, we will now be shifting to a quarterly distribution cadence. We believe this shift will allow us to keep you informed about our progress without flooding your inbox with too many e-mails. If you’re looking for additional updates about The MLC in between issues of this newsletter, I’d encourage you to follow us on social media, where we will continue to post updates more regularly. You can follow us on LinkedIn, Instagram, Facebook, and Twitter, and you can also check out our growing collection of informational videos on our YouTube channel.
Second, we have now completed our fourth monthly royalty distribution to Members. Since launching full operations earlier this year, The MLC has now distributed more than $100 million to our Members! I’m particularly proud of the fact that each of our monthly distributions has been completed on time, and that the match rate for our distributions has continued to improve with each month. This improvement is attributable to a number of factors, including the continued growth of our Membership and the fact that those Members have now submitted more than 3.5 million works registrations since the beginning of this year. Becoming a Member, checking your data and submitting additional data are each meaningful ways that you can help “Play Your Part” to ensure that The MLC will be successful for you.
Aside from these items, this issue of The Quarter Note also includes updates on the release of the second new version of our Educator Toolkit, the unclaimed royalties report recently released by the U.S. Copyright Office and more. I hope you enjoy it.
As always - thank you for your continued support and interest in The MLC!