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Transcripts for BBCNEWS Click 20220206 12:52:00

in 2021 the uk music rights society, ppl, which collects this money, paid out £229 million of royalties to artists. but in the same year, the us music rights group mlc put aside a whopping $424 million of so called black box money. the actual name for the black box money is unidentified money, so money coming in, but there s no way of finding out where the money should go. so while the big artists may make millions of dollars from the track, some musicians, producers or composers who helped bring it to life in the studio miss out because they can t be identified or the paper trail has got confused. it s so easy for all that information to go out the window, and you re like, what was that person s surname? and i ve had personal experience of writing a whole song with someone and then at the end of the day realising

Transcripts for BBCNEWS Click 20220205 12:51:00

on a streaming service, on the radio or on tv. in 2021 the uk music rights society, ppl, which collects this money, paid out £229 million of royalties to artists. but in the same year, the us music rights group mlc put aside a whopping $424 million of so called black box money. the actual name for the black box money is unidentified money, so money coming in, but there s no way of finding out where the money should go. so while the big artists may make millions of dollars from the track, some musicians, producers or composers who helped bring it to life in the studio miss out because they can t be identified or the paper trail has got confused. it s so easy for all that information to go out the window, and you re like, what was that person s surname?

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