The Music Modernization Act signed by Trump

This is good news for all musicians.

Quote:

President Donald Trump, surrounded by a small collection of supporters from the music industry, including Kid Rock and Beach Boys original member Mike Love, signed legislation on Wednesday revamping how artists are paid in the streaming era. The Music Modernization Act, which was dormant for years before being ushered through Congress with bipartisan support this summer, promises to help songwriters on several fronts, including better licensing and royalty payments for artists and producers from streaming services. The legislation will also ensure that artists receive royalties on songs created before 1972. “The Music Modernization Act closes loopholes in our digital royalties laws to ensure that songwriters, artists and producers receive fair payment for licensing of music,” Trump said on Wednesday. “I’ve been reading about this for many years and 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.”