Opinions on the new Music Modernization Act
Posted: Sat Oct 13, 2018 7:11 am
I'm an attorney and musician. However, I don't practice in this area. I'm curious what the opinions of any folks who work on the business side are of this new law.
According to a Rolling Stone article the law is:
"Intended to update music copyright law for the digital era, H.R. 1551 (formally the “Orrin G. Hatch-Bob Goodlatte Music Modernization Act”) accomplishes three key things: making sure songwriters and artists receive royalties on songs recorded before 1972; allocating royalties for music producers; and updating licensing and royalty rules for streaming services to pay rights-holders in a more streamlined fashion, via a new, independent entity. Under the act, many music creators will have a more reliable way of collecting the money that they’re due.
https://www.rollingstone.com/music/musi ... ct-736185/
Disclaimer: I'm not interested in a political discussion about the current president. I just want to hear some opinions on whether this will actually help artists get paid and encourage more music making.
According to a Rolling Stone article the law is:
"Intended to update music copyright law for the digital era, H.R. 1551 (formally the “Orrin G. Hatch-Bob Goodlatte Music Modernization Act”) accomplishes three key things: making sure songwriters and artists receive royalties on songs recorded before 1972; allocating royalties for music producers; and updating licensing and royalty rules for streaming services to pay rights-holders in a more streamlined fashion, via a new, independent entity. Under the act, many music creators will have a more reliable way of collecting the money that they’re due.
https://www.rollingstone.com/music/musi ... ct-736185/
Disclaimer: I'm not interested in a political discussion about the current president. I just want to hear some opinions on whether this will actually help artists get paid and encourage more music making.