The Music Modernization Act will bring sweeping changes to the way royalties are paid to songwriters. But just what's in the bill? Allow me to explain.

#musicmodernizationact #mma #musicindustry
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The Music Modernization Act is a combination of 3 pieces of legislation:

The CLASSICS Act: establishes a new royalty to be paid for recordings released before 1972.

The Music Modernization Act: makes it easier for rights holders to get paid from online music streaming by establishing the Mechanical Licensing Collective

The AMP Act: improves royalty payouts for producers and engineers from SoundExchange when their recordings are used on satellite and online radio.

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