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Undated: The Orrin G. Hatch–Bob Goodlatte Music Modernization Act, or Music Modernization Act or MMA (H.R. 1551, Pub.L. 115–264) is United States legislation signed into law on October 11, 2018 aimed to modernize copyright-related issues for music and audio recordings due to new forms of technology like digital streaming. It is a consolidation of three separate bills introduced during the 115th United States Congress.
https://en.wikipedia.org/wiki/Music_Modernization_Act
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October 11: Trump Signs Music Copyright Bill into Law
The Hatch-Goodlatte Music Modernization Act (H.R. 1551) creates a new collective to offer blanket rights to digital downloads, ending the need to secure rights from individual copyright holders. It also creates new federal protection for sound recordings made before 1972 and used by digital radio, which were previously governed by a patchwork of state laws.
The law creates legal certainty for streamers facing chronic copyright lawsuits and cements new revenue streams for creators in the increasingly dominant digital music realm.
The legislation generated massive support from artists, record labels and digital music platforms as it passed both the House and Senate unanimously. Various stakeholders raised objections over details in the original bill passed by the House in April, and the Senate tinkered with the bill over the last few months. Stakeholder agreement on the need for smooth royalty payment processes not requiring extensive litigation pushed the bill across the finish line in September without dramatic changes.
Various industry groups praised the bill’s passage. The MIC Coalition, a group of tech, restaurant and music associations with interests in music licensing, called the bill “the most important piece of music legislation in a generation” in a statement. National Music Publishers’ Association president David Israelite also praised the signing.
“Songwriters have for too long labored without seeing fair rates and receiving all that they deserve, and for the first time in history, the music industry has partnered with the tech industry to fix these systemic problems,” Israelite said in a statement.
https://www.bna.com/trump-signs-music-n73014483156/
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