Songwriters Have Earned $1.5B in Streaming Royalties From the MLC – Billboard
Songwriters and publishers have so far earned $1.5 billion in mechanical streaming royalties from the Mechanical Licensing Collective (MLC).
Source: billboard.com
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Music Modernization Act Gets Congressional 5-Year Review – Billboard
The Music Modernization Act received a Congressional five-year review featuring industry leaders celebrating and criticizing the landmark legislation.
Source: billboard.com
Music industry sounds alarm over AI threat, calls on Congress to act
The Music Modernization Act, passed just five years ago, could quickly become obsolete amid the growing threat of artificial intelligence (AI), lawmakers and music industry figures said at a hearing in Nashville on Tuesday. “If we don’t get AI right, it could very well render not only the Music Modernization Act obsolete – but also…
Source: yahoo.com
National Music Publishers' Association Elects New Board of Directors – Billboard
The National Music Publishers' Association has elected a new board of directors, including newcomers Laura Veltz and Jeff Pachman.
Source: billboard.com