Intellectual Property,
Entertainment & Sports
Dec. 24, 2020
Music modernization act gets new year update
The legislation was aimed at creating a blanket license for interactive streaming services and establishing a mechanical licensing collective, as well as a digital licensee coordinator, to make it easier for services to obtain licenses and for creators to collect royalties.
The Music Modernization Act implemented in 2018 is already changing as three sections go into effect on Jan. 1.
If all goes as planned, major provisions to the act will create a transparent and simplified system for collecting and delivering royalties. O'Melveny & Myers LLP litigation associate Daniel Cooper noted that, although the act touches quite a few areas of the music industry, Title I, "which impacts how songwriters are ...
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