It’s not often you can get politicians from either side of the aisle to agree on anything. This makes the Music Modernization Act something of a miracle. All 100 state senators sponsored this bill.
Among the things that can have major economic implications for songwriters and other individuals in the music industry are copyright matters. So federal copyright law regarding music can be very impactful for these entertainment professionals. Such law could soon be changing. This is due to a bill the U.S. Senate passed last week.
You have successfully developed intellectual property that sets you and your company apart in a crowded market. However, if you thought creating unique intellectual property, or IP, was the hard part, you are wrong. Now comes the real challenge: Protecting your IP from a horde of global competitors who are eager to use it for themselves.