Are you one of the 8.1 million people who stream music over the internet on a weekly basis? I am, along with most people I know. Recently Rep. Jason Chaffetz (R -UT) and Jared Polis (D -CO) introduced bill H.R.6480 into the Senate, dubbed the “Internet Radio Fairness Act”. This bill targets the percentage of royalties when it comes to internet radio services and their various providers.
To understand what this bill is trying to solve, you need to know a bit about how music royalties work. Songs have two types of copyrights: one for sound recordings, which are usually owned by the artists and labels; and one for musical composition (words in the song). These are usually owned by the person who wrote the song and the company that published it.