@musictechsolve: How to Fix The Music Modernization Act’s Flawed “Audit” Clause — Music Tech Solutions

The famous old Russian proverb reminds us to trust but verify. That’s been the story in the record business since the cylindrical disc. All the “modernization” in the world will not soothe songwriter’s genetic suspicion of their accounting statements. Unfortunately, the controversial Music Modernization Act creates a quasi-governmental organization with no oversight, and that has weak and punitive audit clauses for songwriters. We are told that songwriters should appreciate what they’re given because they never had audit rights under the current statutory license. Of course, if you run the risk of being financially punished if you exercise a right, that’s not much of a right at all. So let’s not do the usual two steps forward, three steps back. Continue reading

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    Built according to the Music Modernization ("MMA"), this band takes care of others' money. It will soon come to the conclusion that those who deal with money should be able to check their salary from time to time. For 50 years this has been an absolutely standard part of a music-based copyright agreement. Regards: Online Assignment Help Provider

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