LESI Copyright Committee – Webinar on US Music Modernisation Act

LESI Copyright Committee – Webinar on US Music Modernisation Act on February 15, 2023

Date: 15 February 2023
Time: 9:00am EST / 10:00pm SGT
Venue: Online via Zoom

Dear LES Thailand members,

We write to let you know about an event that may interest you.

We all enjoy music via streaming these days. The US has the largest share of paid subscriptions for DSP music. Revenue in this segment in the US is projected to reach US$6.03b in 2023.

In 2018, the Music Modernisation Act was signed into law. It had 3 objectives. The main objective was to create a blanket license for interactive streaming services. The other two were to create rights for pre-1972 sound recordings and for music producers, mixers and sound engineers.

Besides blanket licensing for streaming, the Act establishes a mechanical licensing collective (MLC) and Digital Licensee Co-ordinator. The MLC was formed by a coalition of music companies. For sound recording rights, it is the Sound Exchange which is collecting the license fee. The Sound Exchange has also been active in the lobbying of the American Music Fairness Act 2022.

After 5 years since the enactment of the Music Modernisation Act, we are privileged to have Serona Elton, Head of Educational Partnerships of Mechanical Licensing Collective and Ryan Lehning, Assistant General Counsel, International of Sound Exchange to share with us the state of play in this area in the US.

Please note that this webinar is Free of Charge.

To register, please click here:
https://lesi-org.zoom.us/meeting/register/tZEtf-yhrDorGNBZSw6ZtHj-dKcDVBLtG0We

To read about the speaker, please click here:
lesi-copyright-committee-webinar—music-modernisation-act—17-jan-2023.pdf

All LES Thailand member are welcome to join!