Since enactment of the current Copyright Act more than 40 years ago, various interest groups have debated proposals to keep the law up-to-date in light of constant changes in the music industry and the related technology. Topics of on-going debate have included ensuring fairness in royalty payments to music creators from new digital music platforms, streamlining statutory music licensing schemes, and the creation of a comprehensive music database to benefit those creators and the new online platforms that provide music to the public.
Although controversy continues, the Music Modernization Act, or HR577, was passed unanimously with 415 votes in the U.S. House of Representatives and is headed to the Senate for review. HR577 is supported by a large number of industry groups representing both music creators and digital service providers who believe the Act presents true and constructive change and, ultimately, a victory for our industry. Our panel will explore this legislation and discuss how it will affect not only music creators and DSPs, but other entrepreneurs and entities that use music to enhance their business.
Supporting sponsors include Dickinson Wright and Leavens, Strand & Glover.
