Shifting The Balance Of Power.

The article discusses the possible impact of the Music Modernization Act (MMA) passed in the U.S. on music publishers, songwriters and record companies in the country. Topics include ways in which MMA could produce revenue growth for publishers and songwriters, the implication of the law for record labels in terms of the way royalty rates for publishers are determined and the decision of Apple Music to pay a smaller share of its revenue to labels to offset undetermined increases to publishers.