5 Things Songwriters Must Know About Consent Decrees
In this article we discuss how recent major changes to the federal agreement governing how performing rights organizations like ASCAP, SESAC, and BMI operate has much of the music community up in arms.
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In a recent posting on MusicThinkTank, Brian Penick breaks down how the consent decree works and how new major changes to will likely effect songwriter.
"There are two major decisions proposed by the Department of Justice for the Consent Decree. The first is no partial withdraw. This means that publishers either have to be “all-in” or “all-out” with PROs. Music publishers, with the assistance of the PROs have been asking the DOJ to update the Consent Decrees to allow for partial withdraw."
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Wow. A very insightful article about our industry. Keep up the good work bringing us vital information.