@shirleyhalperin: Variety Reveals $1,500,000,000 First Unmatched Payment to Collective Under Music Modernization Act — Artist Rights Watch

Wow Wow Wow! $1.5 Billion in unpaid songwriter royalties? Why isn’t this all caps page news? How is this possible? I wouldn’t blame anyone for rethinking position on MMA.This seems like it needs investigation not legislation.  Front Artist Rights Watch:

[Now we understand what the rush is!] The DSPs are holding some $1.5 billion in unmatched mechanical royalties. If the MMA passes, that money would be passed through to the MLC which would match it to the songwriters and publishers. Read the post on Variety

via @shirleyhalperin: Variety Reveals $1,500,000,000 First Unmatched Payment to Collective Under Music Modernization Act — Artist Rights Watch

About Dr. David C Lowery

Platinum selling singer songwriter for the bands Cracker and Camper Van Beethoven; platinum selling producer; founder of pitch-a-tent records; founder Sound of Music Studios; platinum selling music publisher; angel investor; digital skeptic; college lecturer and founder of the University of Georgia Terry College Artists' Rights Symposium.