Now, for the first time in U.S. history, there is finally a bill designed to address the needs of studio professionals. The Allocation for Music Producers Act, or AMP Act (H.R. 1457), will ensure that producers get efficient and direct payment of performance royalties they are due. The bill will create a statutory right for producers to receive royalties from SoundExchange when they have a letter of direction from a featured artist. And it will create a new process by which producers can request royalties from artists for older recordings when there is no letter of direction in place, if the artist does not object. For complete details, click HERE.
Pictured in photo (l-r):The Recording Academy's Daryl P. Friedman, Chief Advocacy & Industry Relations Officer; Maureen Droney, Managing Director, P&E Wing; Neil Portnow, President/CEO join with Michael Huppe, President & CEO of SoundExchange; and GRAMMY winning songwriter/producer/guitarist Nile Rodgers to celebrate The AMP Act.