The next step after the President’s signature is the promulgation of regulations — essentially the federal government will determine the parameters around the many concepts in the MMA and how they will play out. The groups involved in getting the MMA signed into law will be laser focused on ensuring that the rules put in place are fair and transparent.
Source: David Israelite: The Music Modernization Act Marks a New Era for the Music Industry (Guest Op-Ed)
The Music Modernization Act is not the law of the land yet, but it’s pretty damn close, as the House of Representatives today (Sept. 25) unanimously approved passage of the U.S. Senate’s version of the bill, which had itself been approved by that chamber last week. Now, the MMA is off to the White House where it will await the signature of President Donald Trump before becoming the law of the land.
Source: Music Modernization Act On the Brink of Becoming Law, Awaits Only President’s Signature
YouTube flags videos that use copyrighted music in them — so music licensing Musicbed platform is launching a new subscription tool and a way to tell YouTube’s bots to back off. Connecting the subscription to a YouTube account will automatically clear flags for copyrighted music.
Source: Musicbed gives YouTube creators a legal soundtrack option
In order to get their algorithm to produce a legitimately classical-looking portrait, Obvious’s members say they fed it a training data set of more than 15,000 portraits created between the 14th and 20th centuries. Using these images, the algorithm was able to “generate” new images similar to the ones it had been fed.
Google, Yandex and other prominent Internet companies in Russia are discussing the creation of a database of infringing content including movies, TV shows, games, and software. The idea is that the companies will automatically query this database every five minutes with a view to removing such content from search results within six hours, no court order required.
Source: Google, Yandex Discuss Creation of Anti-Piracy Database – TorrentFreak
NEM blockchain is set to host a copyright registration and verification solution that will allow the users to place their copyrights of their works on the immutable blockchain through the partnership between CopyrightBank and Australian based, X Motion Pictures (XMP).
Source: CopyrightBank and X Motion Pictures (XMP) to Use NEM blockchain for Film Copyright Solutions
Apple Music has 21 million paid subscribers in the U.S. vs. 20 million for Spotify, according to Loop Venture’s analyst Gene Munster. That gap will widen quickly based on Munster’s other big conclusion: Apple is converting potential customers into paying customers at a rate 2.5x faster than Spotify.
Source: Apple Music Growing 2.5X Faster Than Spotify In U.S.
SiriusXM, the digital radio platform with more than 36 million subscribers, announced on Monday that it plans to buy Pandora, which, with its nearly 75 million active listeners, remains one of the largest streaming music companies in the business. The $3.5 billion deal would create what the company says will be the largest audio entertainment corporation in the world.
Source: How SiriusXM’s Purchase of Pandora Could Change the Balance of Power in the Music Industry
An increasing number of start-ups in a variety of industries, from finance to energy, healthcare to food, and even – you’ve guessed it – art are embracing blockchain, But what potential does blockchain hold for the traditionally conservative and technophobic art market?
Source: Will blockchain transform the art market? | Apollo Magazine
Tuesday evening, the music business scored a political victory that some executives couldn’t chew on until after Yom Kippur ended: The Senate passed the Music Modernization Act. The legislation — which now needs to pass the House of Representatives in its amended form before going to the president — is the most significant copyright reform in a generation.
Source: Laying Down the Law: How the Music Business Came Together to Score Two Policy Wins (Column)