Variety reports that the Music Modernization Act has passed The Senate unanimous consent. The bill, which now only needs passage in the House before it winds up on President Trump’s desk to become law, combines three separate pieces of legislation:
* The Music Modernization Act of 2018, S.2334, introduced by Sen. Orrin Hatch (R-UT) and Sen. Lamar Alexander (R-TN), updates licensing and royalties as pertains to streaming.
* The Classics Act (aka Compensating Legacy Artists for their Songs, Service and Important Contributions to Society Act), introduced by Chris Coons (D-DE) and John Kennedy (R-LA), ensures that songwriters and artists receive royalties on pre-1972 songs.
* The Amp Act (or Allocation for Music Producers Act), introduced by Senate Judiciary Committee Chairman Chuck Grassley (R-LA) and ranking committee member Diane Feinstein (D-CA) with the support of Senators Bob Corker (R-TN) and Kamala Harris (D-CA).
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