What to do with the MLC’s interest “float” on the black box?
MusicTechPolicy readers will have seen my post about the interest rate paid by the MLC on the rather sizable black box of “unmatched” funds sitting at a bank account (rumored to be City National Bank in Nashville). That rate was modernized in the Music Modernization Act to be a floating rate: The Federal short term … Continue reading What to do with the MLC’s interest “float” on the black box?