by Countable | Updated on 10.11.18
“Everybody knows this business of music is a very dirty business,” Rock said after the signing. “There’s a lot more that needs to be done here. We need to go after the record labels next, and things like free goods. But this is a great start to protect songwriters, producers, engineers—the unsung heroes behind many of these songs that go out there. People like myself who are maybe more at the top of the food chain, it really doesn’t affect as much. But I know many people it does affect.”
“While most property rights are valued in a free market, songwriters have suffered under a system that devalues their work and takes away their most basic property rights...if songwriters' royalties must be regulated, they should at least be based on fair market value."
Do you use any streaming music services? Are you a songwriter? Do you support the Music Modernization Act? Is there anything missing from the legislation? Take action and tell your reps, then share your thoughts below.
(Photo Credit: iStockphoto.com / yipengge)
Written by Countable
Copyright Laws have not been updated not only to keep up with technology, but with the changes in the administration of the music industry. I had about 3 Copyright Law classes during my undergrad, and they had obscure ways of divvying up the payments of royalties. These funds went mainly to the Label, R&R, publishers, and management. The songwriters and musicians only received minor percentages. So, this Bill appears to pay royalties to those that deserve them, the songwriters and the musicians. It’s also nice to see that the Audio Engineers will receive royalty payments as well. At least, I hope so!
Great and interesting. This has to be a political move, because Republicans believe if you obtain something unethically, or illegally, “it is just business”.. Republicans believe they are entitled to other people’s success and will do what they can to take that wealth from them. I’m glad artists and songwriters and musicians will benefit from Republican’s smoke and mirrors shenanigans. Please do not let this one good act, cloud your judgement and vote Republican, because you are in the music industry or love to support the industry, because Liberals have been fighting to protect musicians, including fighting to fund music and the arts in schools, in which Republicans have been trying to defund and basically outlaw.
It takes everyone to get the job done. If you think someone should be working for you for free, you dont deserve the privilege of working. Greed will eat YOU not the people who are doing an honest days work. You see where Donald Trump and The Trump Crime Family are headed! 😁😁😁😁😁😁😁😁😁😁😁😁😁