Major publishers Universal Music Publishing Group, Sony/ATV Music Publishing, and Warner/Chappell Music, will gain an estimated $1.5 billion in unclaimed mechanical royalties within the first year of the Music Modernization Act.

Controversy surrounded a clause that would distribute unclaimed mechanical royalties after just three years, based on existing marketshare.  As part of the MMA’s payout process, streaming plays that are reported but not claimed will sit in an unmatched pile administered by the Mechanical Licensing Collective, or MLC, which would be created by the Music Modernization Act.

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