The Justice Department will not move to terminate or modify the 80-year consent decrees that govern how most music is licensed after a review.Makan Delrahim, the chief of of the Antitrust Division, cited the lack of consensus among stakeholders in the industry as a reason for not moving to terminate the decrees, which govern ASCAP and BMI.
The DOJ’s review included a public workshop last summer, which featured input from a number of musical artists, along with songwriters and publishers.“We found that there was a lot of efficiencies that the blanket licenses, the collective rights organizations provide,” Delrahim said at a seminar on Friday at Vanderbilt University. “There was a lot of benefits to artists.
Read more on deadline.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.