Search Results for keywords:"digital music providers"

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Search Results: keywords:"digital music providers"

  • Type:Rule
    Citation:86 FR 2176
    Reading Time:about 4 hours

    The U.S. Copyright Office issued a final rule under the Music Modernization Act (MMA) to address how digital music providers should handle and report accrued royalties for unmatched musical works. This rule aims to clarify the processes for transferring royalties to the Mechanical Licensing Collective (MLC) while ensuring accurate payments to songwriters and copyright owners. It addresses the necessity of estimates and adjustments to royalties due to unknown factors, like the pending final determination of royalty rates. The rule also considers previous private agreements to prevent double payments while ensuring that unmatched royalties are correctly transferred and accounted for.

    Simple Explanation

    Imagine a big music party where musicians get paid based on how many times people dance to their tunes. The new rule helps to make sure all the musicians, even the ones whose songs haven't been matched to the right payments yet, eventually get their fair share of the party money.

  • Type:Rule
    Citation:86 FR 7653
    Reading Time:about a minute or two

    The U.S. Copyright Office, part of the Library of Congress, has issued a correction to a final rule published on January 11, 2021. The rule pertains to the responsibilities of digital music providers in transferring and reporting royalties for unmatched musical works to a mechanical licensing collective. This action is related to the Music Modernization Act, which aims to address unlicensed use of musical works. The correction involves specific amendments to section 210.10 of the associated regulation.

    Simple Explanation

    The U.S. Copyright Office made a small fix to some rules about how online music companies pay and report money for music they use but don't own, to make sure everything is clear and works right. This is part of a bigger plan to help musicians get paid fairly for their work.

  • Type:Rule
    Citation:86 FR 6568
    Reading Time:about 17 minutes

    The Copyright Royalty Judges from the Library of Congress have amended regulations to revise how digital music providers pay for the costs of a mechanical licensing collective. This change aims to make the payment process fairer, particularly for smaller music licenses and download services, without altering the total fees. Starting in 2021, these fees will involve a flat rate for smaller licensees and those operating download stores, while larger users will face different rules. These amendments provide more flexibility and clarity in how these fees are allocated and paid.

    Simple Explanation

    Imagine there's a group in charge of giving out music stickers, and they decided to change how much everyone has to pay for them. They made it fairer so small sticker stores don't have to pay as much as big ones, starting in 2021.