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Songwriter groups and mechanical licensing companies reach accord on competition in Music Modernization Act

After some sharp exchanges, the music industry may be reuniting in its support of the Music Modernization Act, at least when it comes to mechanical licensing. Last month, several companies that currently operate in the mechanical licensing space traded barbs with songwriter groups over an effort to change that portion of the proposed legislation. Yesterday, the parties announced a new compromise. Continue Reading

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Industry support for Music Modernization Act could fray as amendments enter debate

The Music Modernization Act, a move to overhaul several federal laws for music licensing, has been making slow and steady progress through Congressional committees. Now, some proposed changes have fractured the near-universal support the Act initially commanded from songwriters, streaming companies, and other industry groups. Continue Reading