The Music Modernization Act was signed into law Thursday by President Donald Trump, witnessed by a smattering of industry executives and such recordings artists as Kid Rock and John Rich. After an effort that began years ago and was renewed last year, the compromise legislation, which ultimately took much more compromise than the initial version of the bill anticipated, will present a whole new set of business conditions on the music publishing industry that hopefully will be worth with the reward of higher rates for songwriters and publishers.
Source: President Trump Signs Music Modernization Act Into Law With Kid…