S. Rept. 115-339 1 (2018-09-17)

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                                                         Calendar No. 569
                   115TH CONGRESS              SEAEREPORT
                      2d Session  J            SENATE1                115-339





                                   MUSIC MODERNIZATION ACT


                                   SEPTEMBER 17, 2018.-Ordered to be printed


                          Mr. GRASSLEY, from the Committee on the Judiciary,
                                       submitted the following

                                          REPORT

                                          [To accompany S. 2823]
                            [Including cost estimate of the Congressional Budget Office]
                     The Committee on the Judiciary, to which was referred the bill
                   (S. 2823) a bill to modernize copyright law, and for other purposes,
                   having considered the same, reports favorably thereon with an
                   amendment in the nature of a substitute and recommends that the
                   bill, as amended, do pass.
                                              CONTENTS
                                                                               Page
                     I. Background and Purpose of the Music Modernization Act ........................  1
                     II. History of the Bill and  Committee Consideration  .......................................  21
                     III. Section-by-Section  Summary  of the  Bill  ......................................................  22
                     IV. Congressional Budget Office  Cost Estimate  ................................................  29
                     V .  Regulatory  Im pact  Evaluation  ......................................................................  34
                     V I.  C on clu sion  ..................................................................................................... .  35
                     VII. Changes to Existing Law Made by the Bill, as Reported ...........................  35
                     I. BACKGROUND AND PURPOSE OF THE MUSIC MODERNIZATION ACT
                                           A. BACKGROUND
                     The United States' copyright laws have helped make this nation
                   the center of the music world. Copyright laws protect creators and
                   artists, allowing them to thrive by granting them exclusive rights
                   and protections to their works. However, the law has not kept pace
                   with the music industry to reflect changes in consumer preferences
                   and technological developments. The current statutory scheme ap-
                   plies inconsistent rules that place certain technologies at a dis-
                   advantage and result in inequitable compensation variances for
                      79-010

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