Copyright Owners Should Prepare For Music Royalty Reform

By Danielle Mattessich and Lindsay Jones ( September 25, 2018, 1:48 PM EDT) -- Last week, the Senate approved the Music Modernization Act, the first substantive reform to music copyright law in a generation. The legislation is aimed at better aligning current music licensing protocol with the growth of digital streaming services. It seeks to better assess the fair market value of mechanical royalties owed to copyright owners and simplify their ability to receive compensation for musical works reproduced on digital platforms. But how does the MMA propose to do so, and what challenges may accompany this new legislation?...

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