Post by Sysop3 on Apr 26, 2018 0:41:12 GMT -5
The House unanimously passed legislation aimed at updating music licensing and copyright law Wednesday.
The Music Modernization Act — a bipartisan bill introduced by members on the House Judiciary Committee — reforms the way royalties are collected and reforms the way artists and labels are compensated in the digital age.
Under the new law, an entity would be created to distribute and collect mechanical royalties.
Members on both sides of the aisle praised its passage and called on the upper chamber to take action on the legislation.
“Working together, this vote brings music licensing into the 21st century, where it can better serve those it intends to," House Majority Leader Kevin McCarthy (R-Calif.) said in a statement.
"[Rep.] Doug Collins ((R-Ga.) worked with lawmakers on both sides of the aisle and the music community to make sure that the reforms passed in the overwhelming fashion that it did. I look forward to the Senate acting on this legislation soon."
House Minority Whip Steny Hoyer (D-Md.) noted it was the first time in roughly 20 years since music’s legal framework had been changed.
I’m glad that the House today passed the Music Modernization Act, which creates a new system for the collection and distribution of streaming royalties and closes the loophole that too often prevented artists who created works before 1972 from receiving due compensation when their songs were distributed digitally," he said.
The bill now heads to the Senate, which will address the legislation next month.
thehill.com/homenews/house/384955-house-unanimously-passes-music-modernization-act
The Music Modernization Act — a bipartisan bill introduced by members on the House Judiciary Committee — reforms the way royalties are collected and reforms the way artists and labels are compensated in the digital age.
Under the new law, an entity would be created to distribute and collect mechanical royalties.
Members on both sides of the aisle praised its passage and called on the upper chamber to take action on the legislation.
“Working together, this vote brings music licensing into the 21st century, where it can better serve those it intends to," House Majority Leader Kevin McCarthy (R-Calif.) said in a statement.
"[Rep.] Doug Collins ((R-Ga.) worked with lawmakers on both sides of the aisle and the music community to make sure that the reforms passed in the overwhelming fashion that it did. I look forward to the Senate acting on this legislation soon."
House Minority Whip Steny Hoyer (D-Md.) noted it was the first time in roughly 20 years since music’s legal framework had been changed.
I’m glad that the House today passed the Music Modernization Act, which creates a new system for the collection and distribution of streaming royalties and closes the loophole that too often prevented artists who created works before 1972 from receiving due compensation when their songs were distributed digitally," he said.
The bill now heads to the Senate, which will address the legislation next month.
thehill.com/homenews/house/384955-house-unanimously-passes-music-modernization-act