Music creators need copyright reform to ensure fair compensation for their work. Congress and the Senate listened.
The Music Modernization Act, the biggest update to music legislation in the past 40 years. Impacting hundreds of thousands of music creators nationwide, and future generations, the Act unites provisions from across the music community under one legislative umbrella to ensure advancement and protections for all music creators.
The Music Modernization Act accomplishes the following:
- H.R. 5447 is designed to significantly update several key provisions of U.S. copyright law regarding music licensing.Key Provisions of the Music Modernization Act include: Title I – Music Modernization Act
- Reflects how modern digital music services operate by creating a blanket licensing system to quickly license and pay for musical work copyrights
- Discourages music litigation that generates legal settlements in favor of simply ensuring that artists and copyright owners are paid in the first place without such litigation
- Ends the flawed U.S. Copyright Office bulk notice of intent system that allows royalties to not be paid
- Implements uniform rate setting standards to be used by the Copyright Royalty Board for all music services
- Shifts the costs of the new licensing collective created by the bill to those who benefit from the collective – the licensees
- Updates how certain rate court cases are assigned in the Southern District of New York
Title II — _Compensating Legacy Artists for their Songs, Service, and Important Contributions to Society (CLASSICS) Act _
- Provides a public performance right for pre-1972 recordings
Title III — _Allocation for Music Producers (AMP) Act _
- Ensures that record producers, sound engineers, and other creative professionals receive compensation for their work
The Music Modernization Act unanimously passed the House of Representatives and the Senate!
A Message from Sound Exchange CEO Michael Huppe…