I have come into a sum of money. I am visiting the States in June, and staying with some friends who have a professional recording studio, who are outstanding musicians and who will feed me while I pay them to record a CD. It will contain some Public domain tracks, several covers, one of my compositions and one track where I have written new words to an existing non-PD tune. I will be bringing back the master tracks to this country and plan to get 500 copies produced and flog them at £10 each. I will probably make a loss. I don't care about that. My question is - what mechanical licence do I need? How do I get it? How much should it cost me?

Please note I am in the Uk and will be producing and selling the completed CD within the UK. So even if I cover US artists, or sell some copies to US friends, or create the tracks in the US - I don't need to involve Harry Fox do I?