Music industry organizations have struck a deal to allow pending legislation in the Senate to move forward, according to announcements issued Aug. 2.
The Music Modernization Act (H.R. 5447) passed the House unanimously in April, and the Senate version (S. 2823) quickly made it through the Senate Judiciary Committee. But it stalled on its way to the Senate floor.
The bill seeks to smooth the relationship between on-demand streaming services such as Spotify and music copyright owners. The absence of a one-stop-shop for streamers to get licenses to play music has resulted in a series of high-dollar lawsuits against Spotify. ...
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