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Apple, Spotify, Others Pay $424M In Music Licensing Fees — Move Seen As 'Massive Win' For Artists
Wednesday, February 17, 2021 - 2:12am | 427Spotify Technology SA (NYSE: SPOT) and other digital service providers paid nearly $424 million to the Mechanical Licensing Collective, the non-profit said in a statement Tuesday. What Happened: MLC administers mechanical licenses to eligible streaming services and pays the resulting...