Join our panel of industry experts as they discuss how your music is monetized in the digital era, and walk you through a comprehensive overview of how the Music Modernization Act will impact your business in the coming years.
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Show me the money! Getting Paid and the Music Modernization Act
Join our panel of industry experts as they discuss how your music is monetized in the digital era, and walk you through a comprehensive overview of how the Music Modernization Act will impact your business in the coming years. This event will be followed by a networking reception hosted by the Chicago Chapter of the Recording Academy.
Over the past decade, online streaming has emerged as the primary means of music consumption. This evolution in favor of on-demand access to unlimited libraries of music has significantly impacted the way consumers listen to music, and as a result, has affected how artists are paid when their music is consumed. Under the current streaming landscape, artists must often register their music with no less than five different organizations to make sure they are capturing 100% of the revenue their music generates.
Working together, stakeholders from across the music industry, including the Recording Academy and its advocates, lobbied for change, and in 2018 Congress passed the Music Modernization Act, which will significantly alter the licensing and royalty landscape for streaming music. This law will create a new “mechanical licensing collective,” which requires songwriters to register--or forfeit all the mechanical royalties available to them through on-demand streaming. Now more than ever, artists and their teams must educate themselves to assure they are not leaving any money on the table, now and into the future.
Speakers
Jeff Becker, Chair of Entertainment and Media Practice Group, Swanson, Martin & Bell, LLP
Todd Dupler, Senior Director of Advocacy & Public Policy, The Recording Academy
John Raso, SVP Client Services, Harry Fox
Wade Metzler, SoundExchange
Sponsored By
Lawyers for the Creative Arts
The Recording Academy, Chicago Chapter
Swanson, Martin & Bell, LLP
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