{"id":9569,"date":"2018-10-15T11:52:24","date_gmt":"2018-10-15T15:52:24","guid":{"rendered":"http:\/\/artistsunderthedome.org\/malc\/?p=9569"},"modified":"2018-10-15T11:52:24","modified_gmt":"2018-10-15T15:52:24","slug":"music-modernization-act-signing-boosts-relevance-of-2018-by-artists-for-artists-report","status":"publish","type":"post","link":"http:\/\/artistsunderthedome.org\/malc\/legislation\/music-modernization-act-signing-boosts-relevance-of-2018-by-artists-for-artists-report\/","title":{"rendered":"Music Modernization Act Signing Boosts Relevance of 2018 “By Artists, For Artists” Report"},"content":{"rendered":"

The music industry applauded the signing, on Thursday, Oct. 11, 2018, of the Music Modernization Act into law. This legislation underscores one of the main tenets of the\u00a02018 By Artists, For Artists<\/em> <\/a>report<\/strong> which stresses that artists of all disciplines should be adequately compensated for their creative work<\/strong>.<\/p>\n

According to Rolling Stone Magazine<\/a> the law accomplishes the following: \u00a0“1)\u00a0makes sure songwriters and artists receive royalties on songs recorded before 1972; 2) allocates royalties for music producers; 3) it updates licensing and royalty rules for streaming services to pay rights-holders in a more streamlined fashion, via a new, independent entity. Under the act, many music creators will have a more reliable way of collecting the money that they\u2019re due.” \u00a0<\/em><\/p>\n

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https:\/\/t.co\/q9ErdWXyen<\/a><\/p>\n

\u2014 Forbes (@Forbes) October 11, 2018<\/a><\/p><\/blockquote>\n