What rights do I NOT get when I license a cover song using Loudr Licensing? | Loudr

What rights do I NOT get when I license a cover song using Loudr Licensing?

A mechanical license does not give you permission to synchronize someone else’s copyrighted work to a video, or permission to create a derivative work based on someone else’s copyrighted work, like a remix, interpolation or sample. A mechanical license does not transfer ownership of someone else’s copyrighted work to you. It’s also not a substitute for a performance license from a Performing Rights Organization like ASCAP, BMI or SESAC.