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Maria Watkins from Music Business Made Easy provides an overview of obtaining a compulsory license to record someone else's song. To do this, you must first serve the copyright owner with a Notice of Intent, which can be found in the copyright records. The next step is negotiating the mechanical royalty rate with the owner. If they are uncooperative, you can file the NOI with the Library of Congress for a fee of around $75. Rates may vary, so it is best to research current fees.
