1 00:00:01,040 --> 00:00:05,040 In this case, everybody came to the table and said, I may not get everything I want, 2 00:00:05,040 --> 00:00:09,800 but this is the 99 percent that we’re getting is far better than the zero percent 3 00:00:09,800 --> 00:00:10,920 we'd get if we didn’t have it. 4 00:00:10,920 --> 00:00:19,850 I think the MMA is an example as most pieces of legislation are, of legislation which all 5 00:00:19,850 --> 00:00:24,939 the, most, in this case, all the people that something, all the people involved got something 6 00:00:24,940 --> 00:00:28,560 they wanted and they didn’t get every, not everybody got everything they wanted. 7 00:00:30,460 --> 00:00:32,380 But everybody came out better than without it. 8 00:00:32,760 --> 00:00:35,460 I remember thinking this will never get solved. 9 00:00:35,460 --> 00:00:40,820 This is just such an impenetrable thicket of conflicting interests and groups, so it 10 00:00:40,820 --> 00:00:45,560 was such a relief to me when we finally got the Music Modernization Act signed into law 11 00:00:45,570 --> 00:00:46,360 last year. 12 00:00:46,360 --> 00:00:49,900 It took a huge amount of work by a very wide range of stakeholders. 13 00:00:49,940 --> 00:00:54,620 And frankly, I was thrilled at the outcome, and it was only possible with real compromise 14 00:00:54,620 --> 00:00:55,920 and some hard work.