Music Modernization Act Signed TODAY!
Why Artists Should Be Celebrating!
The Music Modernization Act (MMA) will make sure artists are paid more and will be able to collect money easier. This act updates copyright laws based around streaming and making sure artists are collecting all monies earned from older works.
The MMA is intended to update copyright law for digital and streaming recordings, ensuring artists receive royalties on older songs, creating specific compensation for music producers, and updating royalty rules in order to streamline the process of paying artists for streams through a third party.
We do not know how soon this will be in effect, but I will be asking my music colleges to keep me updated when they start to notice changes as this is brand spanking new.