Trump Signs Music Modernization Act (MMA)

The Music Modernization Act, which was supported by both parties in Congress, was signed into law by President Trump.

The Music Modernization Act, which received complete bipartisan support, most notably guarantees that songwriters and artists receive royalties for songs recorded prior to 1972. It also creates a new organization -- run by publishers and songwriters -- that’s tasked with identifying copyright owners and paying them their royalties if songs are played on streaming platforms like Spotify and Apple Music. Overall, it establishes a new standard for setting digital royalty rates for songwriters and publishers.

It will take some time to understand the details.

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