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Making Money with the Music Modernization Act

Music Modernization Act cartoon

The Music Modernization Act (MMA) is a major reform of music copyright law in the United States, aimed at modernizing and streamlining the music licensing process, improving royalty payments to artists, and addressing various other issues related to music copyright. As an artist, it’s important to understand how the MMA can benefit you and how you can take advantage of its provisions to maximize your revenue and protect your rights. Here are some ways you can do that:

1. Register with the Mechanical Licensing Collective (MLC)

The MLC is the new entity created under the MMA to administer the licensing process for digital music services and distribute royalties to rights holders. As an artist, you should register with the MLC to ensure that you receive your fair share of royalties for the use of your music on these services. You can do this by visiting the MLC website and following the registration process.

2. Ensure that your works are properly registered

Under the MMA, digital music services must obtain licenses for the use of musical works from the MLC. To ensure that you receive your fair share of royalties, it’s important to make sure that your works are properly registered with the MLC. You can do this by working with your publisher or administrator, or by registering your works directly with the MLC.

3. Take advantage of the new pre-1972 copyright protection

The CLASSICS Act, which is part of the MMA, ensures that pre-1972 recordings are eligible for protection under federal copyright law. If you have pre-1972 recordings in your catalog, this means that you can now enjoy greater protection and potential revenue from licensing and other uses of your music.

4. Consider joining a rights organization

Under the MMA, digital music services are required to make certain royalty payments to rights organizations, such as ASCAP, BMI, and SESAC. These organizations can help ensure that you receive your fair share of royalties and can also provide other services, such as performance rights management and advocacy on behalf of creators. Consider joining a rights organization to take advantage of these benefits.

5. Stay informed about developments in music copyright law

The MMA is a major update to music copyright law, but it’s not the end of the story. There are likely to be further developments and changes in the coming years, so it’s important to stay informed and engaged with the issues. Follow industry news, attend conferences and events, and work with your team to ensure that you are up-to-date on the latest developments and opportunities.

In conclusion, the Music Modernization Act represents a significant update to music copyright law in the United States, and provides artists with new opportunities to protect their rights and maximize their revenue. By registering with the MLC, ensuring that your works are properly registered, taking advantage of the new pre-1972 copyright protection, joining a rights organization, and staying informed about developments in music copyright law, you can position yourself for success in the new digital music landscape.

If you’re an artist looking to take advantage of the opportunities presented by the Music Modernization Act, navigating the complexities of music copyright law can be a daunting task. THookz Productions can help you navigate this landscape and maximize your music earnings. Contact us today to learn more about how we can assist you in achieving your goals.

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