Senate Modernization Act passed by the Senate

BTW

The Modernization of Music Act was passed unanimously by the Senate this week. The law, renamed the Orrin G. Hatch Music Modernization Law in honor of the Utah Senator, consists of three main parts aimed at adapting the world of music to the era of streaming. The era of streaming making CDs obsolete, the goal is to adapt and adjust the compensation of music in the digital era.

The bill will then go back to the House, where a previous version was passed in April. The bill seeks to rectify a number of issues that have plagued musicians, producers, and songwriters for years, including allowing artists to collect royalties for music broadcast online, allowing artists to address disputes over rate setting.

"Songwriters have suffered long enough and this bill will allow them to be paid fairly by streaming companies that rely on their work," said Irwin Robinson, chairman of the board of directors of the National Music Publishers Association. Display panel. "We have arrived at this stage due to the plea of ​​hundreds of music creators who have rallied to the MMA and who will guide the future of the music industry. I look forward to seeing the MMA become law and watch the songwriters, composers, artists and producers who will benefit greatly.

Hatch announced in January its intention to retire at the end of his term, and his bill was hailed by all actors in the music, including a letter signed by a group of 150 musicians, including John Legend and Paul McCartney. Rolling stone. There were, however, many dissenters among the streaming services and even SESAC, or the Society of European Stage Authors and Composers. SiriusXM has been a major dissident for months, according to Varietybut this resulted in an agreement with other players in the sector, allowing the bill to move forward.

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H / T AV Club