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Music Modernization Act for mechanical licensing overhaul leaps major hurdle with unanimous Senate approval

The Music Modernization Act has passed by unanimous consent in the Senate, an approval that marks a huge step forward towards overhauling mechanical licensing in the United States. The legislation took a risky path of hotlining, where unanimous support is required for approval. Continue Reading

David Oxenford: Court of Appeals Upholds Copyright Royalty Board’s 2015 Webcasting Royalty Rate Decision

by David Oxenford

Years after the decision, SoundExchange is still pushing for an appeal of the Copyright Royalty Board’s determination of webcasting rates for the 2016-2020 period. Legal expert David Oxenford shares some background on how appeals courts review these cases and breaks down the latest ruling. Continue Reading

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Music Modernization Act could face a risky final Senate vote today

The Music Modernization Act, a sweeping overhaul of mechanical copyright laws, could face its final hurdle in the Senate today. Billboard has cited sources who claim the legislation could be hotlined for the Senate this afternoon. Hotlining is a process for proposed laws that are expected to be passed unanimously by a verbal vote. Continue Reading

Global music subscriber base continues to grow, led by Spotify

MIDiA Research has released its data on the global market shares held by streaming services at the midway point of 2018. Overall, music subscribers totaled 229.5 million in H1 2018, an increase of 16% from the end of 2017 and up 38% over the year-ago period. Revenue generated by those subscribers in the first half of 2018 reached $3.498 billion. Continue Reading