1 00:00:10,520 --> 00:00:16,920 Well before the MMA, music law was chaotic and arbitrary. 2 00:00:17,080 --> 00:00:18,780 Arbitrary in the sense, it was unfair. 3 00:00:18,780 --> 00:00:23,980 We took a comprehensive review of all of our copyright laws. 4 00:00:24,260 --> 00:00:28,960 We found that the most complicated area and the most contentious but also, by far 5 00:00:28,960 --> 00:00:34,140 the most in need of reform was in the area of music copyright law. 6 00:00:34,680 --> 00:00:37,820 What happened for me was, I began to see that there was an extreme, 7 00:00:38,900 --> 00:00:41,260 I guess divergence on what used to be and 8 00:00:41,260 --> 00:00:46,000 how the creative community got paid and how they were currently getting paid in the new 9 00:00:46,000 --> 00:00:46,580 economy. 10 00:00:46,580 --> 00:00:48,000 Now, there are several ways to look at that. 11 00:00:48,000 --> 00:00:52,080 You can either blame the new economy or blame the new technology and say it's all bad or 12 00:00:52,080 --> 00:00:53,600 you can say, how can we work together. 13 00:00:58,440 --> 00:01:06,340 The Music Modernization Act will accomplish bringing the law into the real world of how 14 00:01:06,340 --> 00:01:09,460 music gets to people’s ears today. 15 00:01:10,300 --> 00:01:18,371 The Music Modernization Act treats various sectors of the music industry, or creative 16 00:01:18,371 --> 00:01:28,570 artists and songwriters and others in a much more fair way in terms of sharing the rewards 17 00:01:28,570 --> 00:01:32,600 for the creativity that takes place in that industry. 18 00:01:32,780 --> 00:01:39,560 This is an enormous step towards what the copyright system is supposed to be all about. 19 00:01:40,020 --> 00:01:48,540 The copyright system is supposed to be about creating reasonable incentives to create new 20 00:01:48,540 --> 00:01:53,780 works and innovation in the arts, music and the like. 21 00:01:54,260 --> 00:02:02,300 I hope it will set a durable framework for fair compensation for songwriters, for performers, 22 00:02:02,600 --> 00:02:08,920 while providing reasonable access to recordings, both for the listening public and for libraries 23 00:02:09,460 --> 00:02:11,380 and other public-serving institutions. 24 00:02:15,560 --> 00:02:24,480 I think the MMA is an example as most pieces of legislation are, of legislation which all 25 00:02:24,480 --> 00:02:29,560 the, most, in this case, all the people that something, all the people involved got something 26 00:02:29,560 --> 00:02:33,280 they wanted and they didn’t get every, not everybody got everything they wanted. 27 00:02:35,180 --> 00:02:37,140 But everybody came out better than without it. 28 00:02:37,540 --> 00:02:43,080 Well to bring everybody in the industry together was a major feat, was something that nobody expected 29 00:02:43,080 --> 00:02:44,200 us to be able to do. 30 00:02:44,860 --> 00:02:47,100 You know, it wasn’t easy to bring this all together, 31 00:02:47,680 --> 00:02:52,800 but we were able to do it and it’s a tremendous bill. 32 00:02:52,800 --> 00:02:57,940 It’s a tremendous approach towards the music industry and songwriters are being treated 33 00:02:57,960 --> 00:02:59,200 fairly for the first time. 34 00:03:03,420 --> 00:03:06,640 The Copyright Office has always been a very close partner with this office 35 00:03:06,640 --> 00:03:08,560 and a close partner with, I think, the creative community. 36 00:03:09,380 --> 00:03:12,800 Understanding that if we ever lose the incentive to create, 37 00:03:12,809 --> 00:03:16,010 the rest will go away, and I think that's a very good way to look at it. 38 00:03:16,010 --> 00:03:18,480 And, I'm looking forward to their work in the future as well. 39 00:03:18,480 --> 00:03:22,520 Without the Copyright Office’s cooperation we couldn’t pass the bill, 40 00:03:22,520 --> 00:03:26,640 and they recognized the very problems that I was trying to solve. 41 00:03:30,760 --> 00:03:33,650 I don’t want any historian or anybody to go through the archives, 42 00:03:33,650 --> 00:03:37,340 you know, years from now and look back and say "Wow, that vote was unanimous, that must’ve 43 00:03:37,360 --> 00:03:38,360 been easy". 44 00:03:38,360 --> 00:03:42,029 It’s probably the most difficult unanimous vote we ever had. 45 00:03:42,029 --> 00:03:45,160 The bill was able to be passed because there's a realization 46 00:03:45,500 --> 00:03:46,920 that for a generation 47 00:03:47,500 --> 00:03:49,360 we've been talking about problems 48 00:03:50,300 --> 00:03:51,720 and you get a once in a 49 00:03:52,840 --> 00:03:57,520 generation opportunity to make needed changes in law, you better take advantage of it.