4

Music industry joins forces in support of Music Modernization Act and other proposed legislation

Several U.S. music industry organizations have voiced their unified support for three pieces of proposed legislation. More than 20 groups issued a joint press release to endorse the Music Modernization Act of 2017, the CLASSICS Act, and the AMP Act. Continue Reading

0

Mechanical royalties debate sparked once again for Spotify

Songwriter and publisher royalties have appeared once again as a sticking point for the Spotify streaming service. The New York Post’s Claire Atkinson is reporting that music publishers and songwriters are looking to receive a portion of Spotify’s equity when the company either goes public or finds an interested buyer. According to her sources, the National Music Publishers Association has been deeply interested in the question of equity since Spotify has been more seriously preparing for a direct listing on the New York Stock Exchange. Continue Reading