"A new bill could help artists and labels collect royalties on the digital performance of older recordings while adding to the royalty expenses of the digital services that play them. Revealed Thursday, the RESPECT Act was introduced by Rep. John Conyers (D-MI), ranking member of the House Judiciary Committee, and co-sponsored by Rep. George Holding (R-NC) and several other members of the House. The bill would place pre-1972 sound recordings under federal law. Because the performance right for these older recordings currently falls under states' laws, digital music services such as Pandora and SiriusXM do not pay royalties on them. (These services do pay publishers for the performance of the compositions, however.) Hundreds of millions of dollars are at stake."
Showing posts with label huge financial implications. Show all posts
Showing posts with label huge financial implications. Show all posts
Saturday, May 31, 2014
RESPECT Bill Would Put Golden Oldies Under Federal Copyright; Billboard, 5/29/14
Glenn Peoples, Billboard; RESPECT Bill Would Put Golden Oldies Under Federal Copyright:
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