Swanson, Martin & Bell, LLP Sponsors Panel on Music Modernization ActSwanson, Martin & Bell, LLP will sponsor an upcoming presentation regarding the recently passed Music Modernization Act at 2112 Chicago.
“Show me the money! Getting Paid and the Music Modernization Act” will feature a panel of industry experts discussing how artists’ music is monetized in the digital era. Attendees will receive an overview of how the Music Modernization Act will impact artists and businesses in coming years.
Over the past decade, online streaming has emerged as the primary means of music consumption, significantly impacting the way consumers listen to music and 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 percent of the revenue their music generates.
Stakeholders from across the music industry lobbied for change, resulting in Congress passing 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. The panel will educate artists and their teams on the recently passed act to assure they are not leaving money on the table.
- Jeffrey S. Becker, Chair of Entertainment and Media Practice Group, Swanson, Martin & Bell, LLP
- Todd Dupler, Senior Director of Advocacy & Public Policy, The Recording Academy
- Wade Metzler, Artist and Industry Relations, SoundExchange
- John Raso, Senior Vice President, Client Services at Harry Fox
To register for the presentation, please visit this link.