How the MMA Might Impact Your Income in a Good Way
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We've all heard a lot of talk (and you are reading blog posts from me) about the Orrin G. Hatch - Bob Goodlatte Music Modernization Act of 2018 ("MMA"). You perhaps know only what information I have published about rate appeals, Copyright Royalty Judges, and the Mechanical Licensing Collective. But you DO know about your income from streaming services (and it probably is not much). In an effort to help the real-life Nashville developing songwriter/recording artist, I set out to write this blog post to decipher the boilerplate contracts published on the TuneCore web site. TuneCore is a site that smooths the path for creative people to sell music online, i.e. Spotify, iTunes, Tidal, and Google Play. I printed the contracts and began to highlight contract points such as non-exclusivity, 100% of net income, statute of limitation for objecting to accounting statements, and responsibility for securing licenses from owners of musical composition copyrights.