This month's distribution primarily covered newly reported usage that took place in December of 2021. The total of all royalty pools reported to The MLC for this cycle was just over $60.4 million. We were able to match 84.5 percent of that amount to songs currently registered in our database – our highest initial match rate to-date. After deducting royalties for usage covered by voluntary licenses maintained by DSPs with rightsholders, we collected $56.7 million in royalties and distributed $40.8 million to our Members.
The remaining royalties still pending distribution break down as follows:
- $10.2 million in royalties for uses we have not been able to match to registered works;
- $5.3 million in royalties for shares of matched works that have not yet been registered (or claimed) by our Members; and
- $419k in matched royalties that are on hold.
In addition, The MLC also distributed an additional $4.6 million in royalties from previously unmatched or unclaimed uses that we were able to match – through reprocessing – to data submitted to us after we completed the initial distribution cycle for that usage.
