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- Title
MECHANICAL LICENSES AND THE WILLING BUYER/WILLING SELLER STANDARD: ESTABLISHING ROYALTY R.ATES IN A VACUUM OF KNOWLEDGE.
- Authors
Linn, Natalie
- Abstract
The article discusses the change of the policy-oriented section 801(b)(1) rate-setting standard for mechanical royalties to the willing buyer/willing seller standard under the U.S. Music Modernization Act (MMA). It mentions that while the new standard has been praised for being more equitable, establishing fair market value for mechanical royalties will be complicated due to the absence of a traditional market, complexities of mechanical licenses.
- Subjects
COPYRIGHT of music; ROYALTIES (Copyright); FAIR value; MARKET value; MUSIC industry
- Publication
Cardozo Arts & Entertainment Law Journal, 2022, Vol 40, Issue 1, p313
- ISSN
0736-7694
- Publication type
Article