Spotify

 

After years of inertia and frustration over low royalty rates and out-of-date rules in the streaming era, songwriters are finally hearing promising news out of Washington DC.

Unlike just about anything else on Capitol Hill, the Music Modernization Act has deep support from both parties and virtually all of the stakeholders in digital music, from songwriters and publishers to tech giants. It was introduced in the House in December and in the Senate last month by a bipartisan group, including Tennessee’s Lamar Alexander and Bob Corker.