If you’re like us, you have an office pool on who will win the eagerly anticipated release of the MLC’s 2022 tax return! “Winning” in this case means who will get the biggest salary and bonus bump–for what, we’re not sure, but don’t that stop anything.

Based on the MLC’s 2020 tax return, these employees were the only ones disclosed:

But on the 2021 tax return, the MLC must have exceeded expectations so much that everyone got a raise and they staffed up! Nothing but blue skies on the sunlight uplands!

CEO Kris Ahrend went from a mere $566K a year base with a $57K bonus in 2020 to $603K base and an even bigger bonus in 2021. Ellen Truley also had a fantastic year with her base moving like a rocket from a mere $240K to $308K! During COVID!! And her bonus practically doubled. But for some reason Maurice Russell’s salary actually declined slightly from $236K to $235K, but maybe they pushed it into his bonus which rose from $22K to $25K.

But stay tuned for the 2022 results and maybe bet the trendline going up, because the MLC gets a statutory cost of living adjustment that is not based on performance! Just like streaming royalties they administer!

No wait–the MLC gets the cost of living adjustment not the songwriters, sorry. No, remember that songwriters are told that they will do better if the services do better on revenues. Not on the services’ stock price, but rather on revenues for people who never raise their prices but make millions on selling stock. Except for the physical royalty paid by the labels that agreed to give the songwriters they depend on a higher mechanical rate AND a cost of living bump. But these trillion dollar market cap Big Tech music users don’t ever include the real money in the rising tide that sinks all boats with the trickle down royalty. But we’re told to put it all on red and let it ride.

But we’re glad that the MLC employees are so well compensated and that their salaries are protected in the highest inflation in 40 years with that built-in inflation adjustment.