Trump himself noted that the Act passed both the Senate and House of Representatives unanimously. Orrin G. Hatch-Bob Goodlatte Music Modernization Act, “How’d you do that?” Trump asked while using the Act as proof that bipartisanship was possible. “The Music Modernization Act closes loopholes in our digital royalties laws to ensure that songwriters, artists, and producers receive fair payment for licensing of music,” Trump said. “They were treated very unfairly. They’re not going to be treated unfairly anymore.”

The law itself includes a lot of smaller initiatives, making it a ‘mega-bill’ of sorts.  The main components are:

(a) The core Music Modernization Act transforms and streamlines the payment of mechanical royalties by streaming services like Spotify.

(b) The Compensating Legacy Artists for their Songs, Service, & Important Contributions to Society (CLASSICS) Act changes the law for pre-1972 recordings.

(c) The Allocation for Music Producers (AMP) Act gives producers credit and proper payouts.

Read more at: https://www.digitalmusicnews.com/2018/10/11/donald-trump-music-modernization-act/