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President Trump Signs Music Modernization Act Into Law (billboard.com)
President Donald Trump signed the Music Modernization Act (MMA) into law Thursday, officially passing what is arguably the most sweeping reform to copyright law in decades. From a report: The bill revamps Section 115 of the U.S. Copyright Act and aims to bring copyright law up to speed for the streaming era. These are the act's three main pieces of legislation:
1. The Music Modernization Act, which streamlines the music-licensing process to make it easier for rights holders to get paid when their music is streamed online.
2. The Compensating Legacy Artists for their Songs, Service, & Important Contributions to Society (CLASSICS) Act for pre-1972 recordings.
3. The Allocation for Music Producers (AMP) Act, which improves royalty payouts for producers and engineers from SoundExchange when their recordings are used on satellite and online radio (Notably, this is the first time producers have ever been mentioned in copyright law.).
What does all this mean? First, songwriters and artists will receive royalties on songs recorded before 1972. Second, the MMA will improve how songwriters are paid by streaming services with a single mechanical licensing database overseen by music publishers and songwriters. The cost of creating and maintaining this database will be paid for by digital streaming services. Third, the act will take unclaimed royalties due to music professionals and provide a consistent legal process to receive them. Further reading: Billboard.
1. The Music Modernization Act, which streamlines the music-licensing process to make it easier for rights holders to get paid when their music is streamed online.
2. The Compensating Legacy Artists for their Songs, Service, & Important Contributions to Society (CLASSICS) Act for pre-1972 recordings.
3. The Allocation for Music Producers (AMP) Act, which improves royalty payouts for producers and engineers from SoundExchange when their recordings are used on satellite and online radio (Notably, this is the first time producers have ever been mentioned in copyright law.).
What does all this mean? First, songwriters and artists will receive royalties on songs recorded before 1972. Second, the MMA will improve how songwriters are paid by streaming services with a single mechanical licensing database overseen by music publishers and songwriters. The cost of creating and maintaining this database will be paid for by digital streaming services. Third, the act will take unclaimed royalties due to music professionals and provide a consistent legal process to receive them. Further reading: Billboard.
Not mentioned in the synopsis is that Copyright and royalties are extended a ridiculous length of time beyond the life of the artist.
Why respect copyright, when nothing will ever enter the public domain any more? There was supposed to be a balance where copyright would be enforced until a work became old enough where upon it would enter the public domain. It now stands that upon your grave, works you enjoyed as a child and possibly paid for many times over throughout your life will still not be free when you die.
It seems the entire premise of this legislation is to enrich record companies more.
Before you go spew useless "facts", start with the most important fact, no one in congress opposed this bill from either party (https://www.billboard.com/articles/business/8475876/music-modernization-act-passes-senate-unanimous-support). The party of the current president, senate majority, or house majority made no difference. Every level of government failed on this one.