Before the president met with Kanye West, he signed the Music Modernization Act which was a high note for many music industry players. This is a milestone in the business that will help many more music creators (songwriters, producers, engineers, etc) cash in effectively for their art. “They were treated very unfairly. They’re not going to be treated unfairly anymore,” Trump said.
Many heavy hitter responded positively to the new bill. Check it out below:
“With the president’s signature today, the Music Modernization Act is officially the law of the land. As we celebrate the harmony and unity that got us here, we applaud the efforts of the thousands of performers, songwriters, and studio professionals who rallied for historic change to ensure all music creators are compensated fairly when their work is used by digital and satellite music services. We thank the members of Congress who championed this issue throughout the past several years to bring music law into the 21st century.” –David Israelite (National Music Publishers Association President & CEO)
“Today marks a historic step forward for independent music publishers, songwriters, and the entire music industry, as President Trump has signed the Hatch Goodlatte Music Modernization Act (MMA) into law. This marks the first significant federal legislation since 1998’s Digital Millennium Copyright Act (DMCA) to address the needs of rights-holders in today’s online age. We can look forward to a variety of long-overdue reforms that will make it easier to negotiate for and collect fair royalty rates while also establishing once and for all that digital services must pay for the use of pre-1972 recordings. In addition, it ensures independent publishers and songwriters a seat at the table for the new mechanical licensing collective. The AIMP is committed to ensuring that the independent publishing community and songwriters are represented fairly in the implementation and enforcement of the MMA, and we look forward to working with our partners across the music and technology industries as we move ahead in this new era. We offer our sincere gratitude to David Israelite and his team at NMPA, to the NSAI and SONA, to Senator Orrin Hatch and Congressmen Bob Goodlatte and Doug Collins, and to all parties from all sides who fought to provide a balanced outcome for all involved.” –Michael Eames, Alisa Coleman and John Ozier (Association of Independent Music Publishers)
“This is truly a historic moment for the music industry, especially for the American songwriters and composers at its core, who will see significant and deserved benefit from this legislation. Passage of the Orrin G. Hatch-Bob Goodlatte Music Modernization Act was a hard-fought process that hinged on tremendous collaboration and unprecedented support among diverse stakeholders who ultimately united to safeguard the future of music.” –Mike O’Neill (BMI President and CEO)