H.R. 1417 is a bipartisan effort to reform the process of copyright royalty rate-making and distribution in a way that is fair to all participants. It is important to the artists, songwriters, music publishers, and webcasters caught in a long, laborious, and costly royalty system. It will provide an incentive for the creation and distribution of content. The copyright royalty rate-making and distribution process is one of the most complicated and arcane areas of our legal system, but it affects an expansive universe of people and industries. This bill addresses two complaints about the current system: cost and lack of stability and accountability. Work on reforms to this system has been a long and tough process over the past 3 years.
William F. Smith: “H.R. 1417 is a bipartisan effort to reform the process of copyright royalty rate-making and distribution in a way that…”
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Discussing the bipartisan H.R. 1417 aimed at reforming copyright royalty rate-making and distribution.
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