Opinions on the new Music Modernization Act
- aasavickas
- Posts: 202
- Joined: Sep 13, 2018
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.
<LINK_TEXT text="https://www.rollingstone.com/music/musi ... ct-736185/">https://www.rollingstone.com/music/music-news/trump-signs-music-modernization-act-736185/</LINK_TEXT>
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.
<LINK_TEXT text="https://www.rollingstone.com/music/musi ... ct-736185/">https://www.rollingstone.com/music/music-news/trump-signs-music-modernization-act-736185/</LINK_TEXT>
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.
- SimmonsTrombone
- Posts: 174
- Joined: Jul 24, 2018
I don’t know much about the act, either, but Hatch is a published songwriter so maybe the act has merit.
- AndrewMeronek
- Posts: 1487
- Joined: Mar 30, 2018
I like that *something* got passed. I'd like to see a more comprehensive overview of the law, meant specifically for musicians to read, instead of the simplified news reel blurbs.
- LeTromboniste
- Posts: 1634
- Joined: Apr 11, 2018
[quote="AndrewMeronek"]I like that *something* got passed. I'd like to see a more comprehensive overview of the law, meant specifically for musicians to read, instead of the simplified news reel blurbs.[/quote]
Yeah, same here. Although I won't be affected by it (except if it bleeds through to future similar laws north of the border), I would love to know more details but all I can find in the news is broad statements about what meant to do, and no details about how it'll actually be done
Yeah, same here. Although I won't be affected by it (except if it bleeds through to future similar laws north of the border), I would love to know more details but all I can find in the news is broad statements about what meant to do, and no details about how it'll actually be done
- aasavickas
- Posts: 202
- Joined: Sep 13, 2018
I have a friend who is an entertainment attorney and a bit of a big shot in the music industry. I'll reach out to him and see what he thinks about it.
- bcschipper
- Posts: 205
- Joined: Sep 23, 2018