MI2N
Music Industry News Network
WEDNESDAY, JULY 30TH
Advanced Search
MusicDish Advertising Network
Subscribe to Mi2N's Free Newsletters B2N (business) i2N (indie)
HOME | FREE NEWS SUBMISSION | PREMIUM PR DISTRIBUTION | PR COPYWRITING | RSS FEEDS | TESTIMONIALS | CONTACT

Sections: Band | Business | Career | Events | Label | Music Releases | Radio | Tech | Video | Web Events
Genres: Country/Folk | Dance/Electronica | Jazz/Blues | Latin | Rock | Urban | World
International: Asia | Canada | Europe

Advertise | Artist Development | Submit Video | MusicDish*China | MusicDish e-Journal | MusicDish Network | Urban Music News Network
Business News (more headlines) 03-01-2014

NMPA President And CEO David Israelite Statement On The Introduction Of The Songwriter Equity Act

Bookmark and Share

"The Songwriter Equity Act represents an important step to inject fairness into a process that is undeniably stacked against songwriters and publishers, and I applaud Congressman Collins for his leadership on the issue.

Roughly two-thirds of a songwriter's income is heavily regulated by law or through outdated government oversight. This results in devalued intellectual property rights. This legislation addresses two significant inequities under current copyright law that prevent songwriters and music publishers from receiving compensation that reflects the fair market value of their work.

Created before the existence of recorded music to regulate piano rolls for player pianos, Section 115 of the Copyright Act is shorthand for a complex compulsory license system that dates back to 1909. This system effectively prohibits songwriters and music publishers from negotiating for the use of their songs, forcing well-below market rates instead of fair value.

In 1909, Congress set a rate of 2 cents per copy. Today, more than 100 years later, that rate has increased to only 9.1 cents. The incremental increase is a result of the Copyright Royalty Board, or CRB, legal obligation to apply a below-market standard when determining mechanical royalties for songwriters and music publishers.

Section 114(i) was enacted by Congress to protect songwriters and ensure that their compensation was not unfairly diminished. But the effect of the provision has, in fact, been the exact opposite. This legislation would help restore what Congress originally intended - fair compensation for the public performance of a songwriter's work. It allows the federal rate court to consider rates paid to recording artists for the performance of sound recordings over digital platforms - evidence that the court is currently prohibited by law from considering.

I fear that without the Songwriter Equity Act, songwriting as a profession will give to way songwriting as a hobby, and an important American treasure will be in jeopardy."

Bookmark and Share

back | top



MusicDish Advertising Network

Mi2N Music PR

New York Rapper LC The General Has A Lot To Say

FM Pilots Skyrockets To Top Of MusicDish*China Indie Song Chart

MusicDish*China Booking Second China Tour For French Jazz Singer Clotilde Rullaud

Longreef, Friend Movement And Abijack Management Join Forces For Launch Of Powerful "Battle Plan" Single And Video

MISSING LINK MUSIC ON ED SHEERAN'S #1 ALBUM

Chaz DePaolo Live: One Night In IONA

Maybe Mars Presents: The XP Sound Vol.1

CONVICTS TAKE ON CONGRESS



MusicDish*China Song Blast
Promote Your Music Single In China

News Headlines
Mi2N EDITOR'S PICKS
» HFA Facilitates Publisher Outreach For Music Recording Platform, Pure Solo
» Senzari Unveils MusicGraph.ai At The GraphLab Conference 2014
» New York Factory Fast Records Releases Fourth Sampler On #VirtualVinyl Format.
» BLACKHOLE FILMS LAUNCHES "COMING YOUR WAY" MUSIC VIDEO
» Clear Channel's IHeartRadio Partners With AdsWizz To Monetize Its Digital Audience
» Pandora Hires Lars Murray As Vice President Of Industry Relations
» FM Pilots Skyrockets To Top Of MusicDish*China Indie Song Chart
» The Association Kreyol Vibrations Presents CARIMEX (Caribbean Islands Music Exposition)
» Guitar Hero Tommy Bolin's First Band Zephyr To See 1969 Debut Album Reissued On Both CD & Vinyl
» Music Legends Jon Anderson And Jean-Luc Ponty Announce Formation Of New Music Ensemble - The Anderson Ponty Band!


Get your music news covered...
Have your press release written
by the pros at Mi2N

Articles
MUSICDISH E-JOURNAL
» FM Pilots Skyrockets To Top Of MusicDish*China Indie Song Chart
» Zebra Music Festival (Shanghai) Ticket Giveaway Winners
» MusicDish*China Top 5 Indie Song Chart 07/12-07/18/2014
» Temple Bar 3 Year Anniversary
» Zebra Music Festival (Shanghai) Announces Headlining Acts (Chinese Version)
» Raising Our Voices For Fennie: Benefit Concert Zajia Lab, July 13
» Raising Our Voices For Fennie: Benefit Concert Zajia Lab, July 13 (Chinese Version)
» KANO Premiere At New York Asia Film Fest (Chinese Version)
» Over 90% Of Adults Support The Provision Of Music In Schools
» Why Branding Is More Important Than Ever
» Executive Wach: Tracktion Software Corporation, Liberace Foundation, McNally Smith College Of Music, SPIN, WSOU, Guitar Center
» "Overheard 3" And "Golden Chickensss" Took The Stage At New York Asian Film Festival (Chinese Version)

Mi2N's Music PR distribution service guarantees online exposure for your press release. Choose from seven (7) different packages.


HOME | FREE NEWS SUBMISSION | PREMIUM PR DISTRIBUTION | PR COPYWRITING | RSS FEEDS | TESTIMONIALS | CONTACT

Sections: Band | Business | Career | Events | Label | Music Releases | Radio | Tech | Video | Web Events
Genres: Country/Folk | Dance/Electronica | Jazz/Blues | Latin | Rock | Urban | World
International: Asia | Canada | Europe

Advertise | Artist Development | Submit Video | MusicDish*China | MusicDish e-Journal | MusicDish Network | Urban Music News Network
Copyright © 1997-2014 MusicDish LLC, all rights reserved. Text, graphics, and HTML code are protected by US and International Copyright Laws, and may not be copied, reprinted, published, translated, hosted, or otherwise distributed by any means without explicit permission.