The Recording Academy represents its 23,000 members: performers, songwriters, producers, engineers and other music professionals (no company members). As the only organization that represents the interests of all music creators through music advocacy, our platform is simple: Fair market pay for all music creators across all platforms.
But while all music creators deserve fair pay, music licensing today is governed by a patchwork of laws that doesn't reflect the evolving digital marketplace and results in creators receiving below-market compensation. As a result, future artists will increasingly find it difficult to build a career in music, depriving all of us of new music that enriches our lives and culture.
Today, Congress is close to passing comprehensive changes to copyright law, providing us with a historic opportunity to update music licensing reform to ensure fair market pay for all music creators across all music platforms. Real music licensing reform must address the following elements:
Fair Rate Standards for Songwriters and Composers:
Outdated rules that govern how royalties are set for songwriters must be changed so that when rates are set by government bodies, they should approximate the rates that would be negotiated in the free market.
Rate Parity for Sound Recordings Across Platforms:
Whether music is played on satellite radio, Internet radio, or traditional AM/FM radio, all music services should compensate artists under consistent, uniform standards that reflect fair market value.
Proper Compensation for Producers and Engineers:
Producers and Engineers are the only class of music creator completely left out of our copyright laws. They should be protected in the law so that they receive fair and direct compensation for their work whenever their music is streamed on digital radio.
Real music licensing reform, like the Music Modernization Act, can only happen through comprehensive legislation that addresses the needs of the entire music community. The Music Modernization Act, which unanimously passed the House of Representatives and is progressing through the Senate, benefits all music creators.