ASCAP. BMI. Justice Department

Should We Believe All The Negative Hype Surrounding New DOJ Rules on PROs? 

The DOJ’s recent ruling does away with partial licensing in favor of 100% licensing, meaning any author of a song can issue a license for the entire song. The PROs say the new system will “cause chaos” in the publishing world and lead to a precipitous drop in income for songwriters and composers.

Wrong. Here’s some real talk — 100% licensing will infuse some badly needed price competition in the music publishing world and make the PROs more responsive to the hundreds of thousands of restaurants, venues and club that pay a collective $15 billion a year for licensing.

Source: Should We Believe All The Negative Hype Surrounding New DOJ Rules on PROs? – hypebot

Justice Department Won’t Change Music Licensing Agreements 

The Justice Department has completed its review of 75-year-old consent decrees that govern how music rights organizations set rates for licensing songs — and they are proposing no changes.

“Although stakeholders on all sides have raised some concerns with the status quo, the division’s investigation confirmed that the current system has well served music creators and music users for decades and should remain intact,” the DOJ said in a lengthy statement explaining its reasoning on Thursday.

Source: Justice Department Won’t Change Music Licensing Agreements | Variety

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