The UK Mechanical-Copyright Protection Society (MCPS) Says Mechanicals Topped $260 Million in 2023

MCPS mechanical collection society
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MCPS mechanical collection society
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Photo Credit: Omid Armin

The UK-based Mechanical-Copyright Protection Society (MCPS) has announced it has paid out £204.3 million ($260 million) to music publishers, songwriters, and composers for UK-based plays.

This payout represents an 8.5% uplift (£15.9M/$20.2M) on 2022 and a 43% increase in annual distributions over the last five years. That growth is driven by streaming, the continued popularity of vinyl, and increasing international royalty collections. The MCPS celebrates its 100th year in 2024 and represents and protects the mechanical copyrights of over 37,000 publisher, songwriter, and composer members.

The MCPS ensures its members are remunerated when their works are copied or reproduced in physical products, streaming, digital downloads, and broadcast—all of which carry a mechanical royalty for the underlying song composition.

In 2023 the organization drove further efficiencies, delivering a blended reduced commission rate of 6.5%, allowing for more monies to be distributed to its members. MCPS paid to its members all excess commissions it generated after covering overheads, amounting to £7.2M ($9.15M) during the year. This value is distributed witih line-by-line information for convenience and accuracy in onward distributions.

Over the last five years, MCPS has added over 9,000 new members, reflecting 32% growth. As the company celebrates its 100th year, it has now distributed over £4B ($5.08B) of mechanical royalties to its members in the 21st century.

“There is no better way to celebrate our 100th anniversary than with our biggest distribution in almost 20 years and by surpassing £4 billion in total payments to publishers, songwriters, and composers this century,” adds Paul Clements, CEO, MCPS & MPA Group. “These numbers are a testament to the tireless work of our team as we grow our international reach, enhance our processes and take advantage of new licensing opportunities on behalf of our members.”

“As we look to the future, it is more important than ever for us to continue to work closely with our members, to protect their mechanical rights and ensure our members are remunerated efficiently and accurately.”