Exploration Audio Newsletter - February 11, 2022

A final settlement agreement has been set on a long-running legal dispute between the Radio Music Licensing Committee (RMLC) and Global Music Rights (GMR). In 2016, GMR filed a suit alleging unfair payment of songwriters. The RMLC represents the interests of around 10,000 commercial radio stations, and as of April 1, 2022, will have entered long-term licenses with GMR in order to settle the dispute.

The MLC seeks songwriter candidates to be considered for seats on its Board of Directors, Unclaimed Royalties Oversight Committee, and Dispute Resolution Committee. They must be professional songwriters who retain and license mechanical rights for songs they have written.

Amazon’s spending on video and music content in 2021 hit $13 billion, up around 18%, according to its annual SEC filing. The expenses include licensing and production costs as well as costs associated with digital subscriptions and sold or rented content

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