Eleventh-hour proposal could torpedo Music Modernization Act, backers warn

SESAC’s pitch to change the MMA stems from the company’s concern that creating a new licensing collective would make companies that administer such licenses obsolete. SESAC owns the licensing firm the Harry Fox Agency, which it purchased in 2015 from the National Music Publishers Association with eyes on expanding the services it could offer member songwriters.

Source: Music Modernization Act: Eleventh-hour proposal could torpedo landmark bill, backers warn

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