4 ms·

What does the new act entail? This article is severely lacking on that front.

• da_murvel 8y ago
  Apparently it "ensures artists receive the compensation they are owed, encourages fair industry competition, and protects the intellectual property rights of studios nationwide—among other benefits."[0] However, I find it difficult to find anything about how this is actually implemented. Apart from this: "t changes the procedure by which millions of songs are made available for streaming on these services and limits the liability a service can incur if it adheres to the new process. It funds the creation of a comprehensive database with buy in from all the major publishers and digital service providers." [1] Which to me sounds very vague. Found this also. "The MMA is a bill to be added to legislation with the goal of establishing a new collecting society, called the Mechanical Licensing Collective (MLC), that would be empowered to provide a blanket license for streaming services to companies, covering mechanical rights in any songs not otherwise covered by a digital company’s direct deals with music publishers."[2] So if I interpret this quote correctly, it basically means that there's going to be some sort of organisation chaperoning artist and music makers without a license to their music, collecting a license fee from streaming services and paying it to said musicians and music makers? [0]https://mashable.com/article/music-modernization-act-your-money/ https://mashable.com/article/music-modernization-act-your-mo... [1] https://www.billboard.com/articles/business/8216857/music-modernization-act-what-is-it-why-does-it-matter-jordan-bromley https://www.billboard.com/articles/business/8216857/music-mo... [2]https://blog.songtrust.com/what-is-the-music-modernization-act https://blog.songtrust.com/what-is-the-music-modernization-a...