The Music Modernization Act

The Music Modernization Act (MMA), enacted in 2018, modernizes how music royalties are collected and distributed. It simplifies licensing by creating a new, streamlined system for digital music services, ensuring artists and rights holders are fairly compensated for streaming and digital use. The MMA also establishes a collective licensing organization to manage mechanical licenses efficiently and updates copyright laws to better suit today's digital landscape. Overall, it aims to make music licensing fairer, more transparent, and better equipped to support creators in the digital age.