Posted by Mike McCready | March 5th, 2015 | No responses
Washington, DC — Songwriters and publishers have applauded the March 4 initiative by a bi-partisan group of members of US Congress to introduce the Songwriter Equity Act that would “allow songwriters to receive compensation based on the fair market value of their songs.”
The bill – which was first proposed in May 2014 – aims at modernising sections 114 and 115 of the US Copyright Act. and, according to their sponsors, “would amend federal law to allow songwriters to receive market-based compensation and would remove government price controls.”
Mike McCready is an entrepreneur at the crossroads of music and technology. He pioneered the introduction of Hit Song Science into the music industry and followed up with Music Xray, the company he co-founded and serves as CEO. His companies have been the subject of case studies at Harvard Business School, IESE and he frequently guest speaks at many of the top business schools around the world. He helps the music industry identify high potential songs and talent and helps musicians get deals, get fans, & get better: http://musicxray.com