Intended to update music copyright law for the digital era, H.R. 1551 (formally the Orrin G. Hatch-Bob Goodlatte Music Modernization Act) accomplishes three key things:
- making sure songwriters and artists receive royalties on songs recorded before 1972
- allocating royalties for music producers
- updating licensing and royalty rules for streaming services to pay rights-holders in a more streamlined fashion, via a new, independent entity.
Under the act, many music creators will have a more reliable way of collecting the money that theyre due.
https://www.rollingstone.com/music/ … gns-music-modernization-act-736185/