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The ‘Royalty Black Box,’ the Music Industry’s $2.5 Billion Underground Economy

PostPosted: Sat Aug 05, 2017 6:38 pm
by Gridfan
https://www.digitalmusicnews.com/2017/0 ... black-box/

it involves billions in unclaimed, unmatched, delayed, or otherwise unpaid digital royalties. And holding the golden bag is a mish-mosh of well-positioned middlemen, including a gaggle of PROs, mechanical rights licensing administrators, and others who mysteriously can’t figure out where that check should be sent.

So who’s holding all this cash?