In a landscape where digital music is king, musicians and independent labels face a challenging maze of copyright laws and licensing rules. The Music Modernization Act (MMA), signed into law in 2018, has redefined these laws. Its goal is to create a fairer system for how music is made, shared, and paid for. This act promises to bring meaningful changes to the music industry, benefiting everyone from songwriters to listeners.
Let’s break down the MMA and see how it reshapes the music world for creators and publishers alike.
Overview of the Music Modernization Act
The Music Modernization Act is a pivotal piece of legislation that adapts to the changing needs of the music industry. The act is divided into three main sections: