The MLC completed its twelfth royalty distribution of the year on December 13th, bringing us to 45 total royalty distributions since we began full operations — all of which were completed on time or early. December’s distribution primarily covered newly reported usage that took place in September 2024. The total of all royalty pools reported to The MLC for this cycle was approximately $92.8 million.

Every month, our team attempts to match the newly reported sound recording uses we receive to the musical works data in our public database and then distributes the resulting matched royalties to our Members. This month, we were able to match more than 85 percent of the total royalty pools reported to us by DSPs for their September 2024 usage to songs registered in our database.

After deducting royalties for usage covered by voluntary licenses maintained by DSPs with rightsholders, we collected approximately $89.3 million in royalties and distributed approximately $67.1 million to our Members.

As you regularly see in our monthly newsletters, we always break down the remaining royalties that are pending distribution into the following three categories: unmatched, unclaimed, and on hold. We do this to provide greater transparency into the reasons these royalties are being held and to help you understand the steps you can take to help us reduce these amounts. For a refresher on these terms and what you can do to collect your royalties, check out our latest Annual Royalty Recap that we published in February.

This month, the remaining royalties still pending distribution break down as follows:

  • $13.6 million in royalties for uses we have not been able to match to registered works;
  • $7.7 million in royalties for shares of matched works that have not yet been registered (or claimed) by our Members; and 
  • $916k in matched royalties that are on hold.

Additionally, we continued to reprocess the remaining unmatched usage from the earlier blanket periods. As a result, we were able to distribute $5.3 million in blanket royalties from previously unmatched or unclaimed uses. (These are uses that we were able to match, through reprocessing, to data submitted to us after we completed the initial distribution cycle for that usage.) Thanks to reprocessing, our current average match rates for 2021 and 2022 now range between 91 and 94 percent, and our overall current match rate for all periods is now 91 percent.