VIDEO : New Digital Music Licensing Law Passes Senate

The Recording Industry Association of America Tuesday (Sept. 18) was praising Senate passage of the Music Modernization Act, a bill that creates a framework for better compensating artists for digital plays of their music and making it easier for music rights organizations to collect those fees from distributors of streamed music like Pandora and Spotify, as they do from traditional plays on TV and radio. The bill passed the House in April, and the Senate Judiciary Committee in June. The legislation has been billed as the most significant change in music licensing laws in decades and has drawn praise from a chorus of stakeholders.