Author: Dana A. Scherer
On August 4, the Antitrust Division of the U.S. Department of Justice (DOJ) announced an important interpretation of two regulatory agreements that are critical to the structure of the music industry. The agreements, called ?consent decrees,? govern the activities of two of the largest organizations that license the right to ?publicly perform? copyrighted songs. These performing rights organizations (PROs) represent songwriters, composers, and music publishers, and also collect royalty fees associated with the licenses on their members? behalf.