Historic Music Modernization Act Becomes Law
Good news for songwriters and performers! The Music Modernization Act was signed into law by President Trump on October 11, 2018. The MMA will make it easier for artists to collect royalties, and ensure that they are paid more, with an emphasis on pre-1972 performances.
Below are statements about the passage of this historic law from several leading organizations in this area of the music industry.
ASCAP Chief Executive Officer Elizabeth Matthews:
“Thanks to the unrelenting efforts of our ASCAP music creator and publisher members, industry partners and champions in Congress, a more sustainable future for songwriters is finally within reach. The MMA's unanimous passage in the House and Senate proves that the power of music is a great unifier. ASCAP is gratified to have stood alongside creators, music publishers, and many more to make this dream a reality.”
BMI President and CEO Mike O’Neill:
“This is truly a historic moment for the music industry, especially for the American songwriters and composers at its core, who will see significant and deserved benefit from this legislation. Passage of the Orrin G. Hatch-Bob Goodlatte Music Modernization Act was a hard-fought process that hinged on tremendous collaboration and unprecedented support among diverse stakeholders who ultimately united to safeguard the future of music.”
John Josephson, chairman/CEO of SESAC:
"Today, President Trump signed the bi-partisan Hatch-Goodlatte Music Modernization Act (The MMA), which will finally bring music copyright laws into the digital age. We applaud everyone's hard work and tireless efforts on this legislation, especially the Senators who worked diligently to get the bill passed then adopted by the House. We're grateful for our committed songwriting and publishing community whose focus and passion have strengthened our industry for generations to come."
Spotify's General Counsel and VP Business & Legal Affairs, Horacio Gutierrez:
"One of our core missions at Spotify is to enable a million artists to make a good living from what they love: creating and performing music. The Music Modernization Act is a huge step towards making that a reality, modernizing the outdated licensing system to suit the digital world we live in. The MMA will benefit the music community and create a more transparent and streamlined approach to music licensing and payment for artists."
Pandora's General Counsel, Steve Bene:
"Today's signing of the Music Modernization Act is a generation-defining win for music artists, songwriters, platforms and – most importantly – the fans. This legislation is the product of both unprecedented cooperation from within the music industry, as well as a bipartisan group of champions on Capitol Hill who made this a reality. The MMA brings the rules governing music into the 21st century, and represents a holistic improvement that will benefit the entire music ecosystem."