This guest post at Billboard is a great overview for understanding the “Free Market Royalty Act.”
Representative Mel Watt (D-NC-12) has introduced the Free Market Royalty Act (H.R. 3219), one of the most intriguing royalty proposals in years. The bill accomplishes two principal goals: Watt starts the process of getting the government out of the music business by eliminating the compulsory license for digital audio transmissions, and extends the sound recording public performance right to all audio performances.
Here’s why this is a productive solution to a knotty problem.
READ THE FULL POST AT BILLBOARD: