Question:

Cece Coakley has a Full Publishing Agreement with MOB Music

Last updated: 7/12/2022

Cece Coakley has a Full Publishing Agreement with MOB Music

Cece Coakley has a Full Publishing Agreement with MOB Music who has paid her a $50,000 advance. Her songs have been streamed 20,000,000 times. The MLC pays MOB Music for those streams according to the current formula at $.001 per stream. How much will MOB Music pay to Cece, if anything? How much is remaining to be recouped, if anything?