The U.S. government has been on a veritable binge of legislation in the intellectual property arena over the last week. First, the Music Modernization Act, which updates copyright licensing procedures for on-demand streaming, passed the Senate by unanimous consent last month and was signed by President Donald Trump on Oct. 11. The MMA was originally three separate bills that were all rolled into one.
Among the highlights are the creation of a new mechanical licensing collective that will collect and distribute royalties under a blanket license for music that’s streamed interactively or downloaded. It will be similar, though not identical, to the ASCAP and BMI organizations that collect royalties for the performance of musical works.
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