by Radio Ink Oct. 11 2018
President Donald Trump has signed into law the Music Modernization Act, a comprehensive bill that aims to reform our outdated music licensing system and give music creators an opportunity to obtain compensation that more accurately reflects the value of music.
The President said, “The Music Modernization Act closes loopholes in our digital royalty laws to ensure that songwriters, artists, producers and providers receive fair payment for the licensing of music. I’ve been reading about this for many years. Never thought I’d be involved in it, but I got involved in it. They were treated very unfairly. They’re not going to be treated unfairly anymore.”
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