The U.S. Department of Justice this week said it would review long-held agreements with two major performing-rights organizations with an eye to updating them to reflect the climate of the music industry more accurately. The DoJ’s agreements with ASCAP and BMI have been in place for more than 70 years. The consent decrees were last updated in 2001 and 1994 respectively, long before the rise of streaming music services that can pay less than a cent to an artist each time one of their songs is played.
Loading ...
DoJ to Brush Cobwebs Off Music Licensing Agreements
Posted by: Kris Holt June 6, 2014 08:05 AMThe U.S. Department of Justice this week said it would review long-held agreements with two major performing-rights organizations with an eye to updating them to reflect the climate of the music industry more accurately. The DoJ’s agreements with ASCAP and BMI have been in place for more than 70 years. The consent decrees were last updated in 2001 and 1994 respectively, long before the rise of streaming music services that can pay less than a cent to an artist each time one of their songs is played.