Independent licensing agency Merlin is celebrating its tenth birthday by revealing that 2017 saw its highest number of new members since its first year of operation.
The organisation has grown from a team of three when it launched in May 2008 to 21 staff now, servicing tens of thousands of independent labels. It also paid out its billionth dollar in distributions in August 2017.
“We’ve gone back and looked at some of the notes we took in those early meetings more than 10 years ago, and the notion that we’d ever have paid out more than a billion dollars? That was never in the original business plan!” CEO Charles Caldas tells Music Ally.
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