With a presidential signature this morning, the Music Modernization Act — now officially called the Orrin G. Hatch-Bob Goodlatte Music Modernization Act of 2018 — has become law, having passed the Senate last month. The act was originally introduced as a compendium of four separate pieces of legislation, each directed at a specific loophole in music copyright law. This is one of a few types of license that interactive digital music services such as Spotify, Apple Music and Amazon Music Unlimited must take to music in order to make it available legally on their services. Although various interest groups expressed concerns during the legislation's trip through Congress, the main constituencies — music publishers, songwriters and digital music services — are happy with the outcome. The MMA also closes two other loopholes in music copyright law.
Source: Forbes October 11, 2018 19:27 UTC