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NMPA’s Push for Copyright Reform
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In this episode, I dive into a major move by the National Music Publishers’ Association (NMPA) calling for changes to US copyright law. The NMPA wants Congress to give music publishers more control over how their music is licensed to streaming services.
The NMPA argues that rights holders should have the option to either license their music through the Mechanical Licensing Collective (MLC) using set royalty rates or withdraw from the MLC to negotiate in a free market, provided they meet certain conditions. This proposal, detailed in a letter from NMPA President and CEO David Israelite to the House and Senate Judiciary Committees on May 21, aims to address the “continued abuse of the statutory system by digital services”.
This push for legislative change comes amidst ongoing tensions between US music publishers and Spotify. The conflict heated up in March when Spotify reclassified its Premium Individual, Duo, and Family plans as "bundles" due to their inclusion of audiobooks, sparking controversy over royalty payments.
Tune in for an insightful discussion on the evolving landscape of music rights and the battle for fair compensation in the digital age.
Source: Music Business Worldwide
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