Trump Signs Landmark Music Bill Ahead Of Kanye Meeting
While the world watched Kanye West ramble for 10 minutes, Trump had signed a major bill into law.
The Music Modernisation Act (MMA) was signed into law on Thursday in the United States, a massive copyright reform bill that has been labelled history-making by those in the industry.
The bill will be the first major reform to copyright law in decades, making changes to better reflect the music landscape amid the technological and distribution changes -- especially the rise of streaming services.
The bill features three major pieces of legislation including updating licensing and royalty rules for streaming services, streamlining the processes for rights holders to be paid for digital streams of their music. This will be achieved by introducing a new centralised database -- which will be paid for by streaming services and overseen by songwriters and publishers.
The MMA will also make sure artists are compensated on songs recorded before 1972 as well as allowing for producers to be paid royalties. This bill marks the first time producers have been mentioned in copyright law.
Trump met with Kanye West later that day, though West wasn't in attendance for the signing. He was joined by the likes of Kid Rock and Mike Love, two very vocal Trump supporters from the music industry.
During the signing, Trump called the music business "very dirty," and added, "There's a lot more that needs to be done here."
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"We need to go after the record labels next and things like free goods," Trump said, "But this is a great start to protect songwriters, producers, engineers -- the unsung heroes behind many of these songs that go out there. People like myself who are maybe more at the top of the food chain, it really doesn’t affect as much. But I know many people it does affect."
Spotify's general counsel and Vice President of Business and Legal Affairs, Horacio Gutierrez, called the act a "huge step", adding "The MMA will benefit the music community and create a more transparent and streamlined approach to music licensing and payment for artists."
Featured image: Getty.