Running head: NEW LAW1New lawAuthors nameInstitutional AffiliationNEW LAW2The music industry is one of the growing industries in the world. Increasinglymore people are getting into this industry to earn a living out of it as opposed to doing itfor fun or for leisure. This is because of the need to explore talent and to use it forfinancial value. In the United States, the music industry is among the best payingindustries that is growing very fast. It includes songwriters, recording companies,composers, artists and many other parties that are relevant in the music industry. Talentmanagers, business managers, music journalists and lawyers in the entertainmentindustry all are part of the music industry. Therefore, the industry is big and has all typesof careers within it.The issue of payouts that go to the musicians for their work has been adebatable issue. Some countries pay good royalties for performance while others donot. However, it depends on the number of digital streams made per song, whether thewriter of the song is affiliated to any music group, format of the song, performance of thesong in public and on the number of copies made for the song. However, in order toprotect the artists and their work, new laws can be implemented to ensure that they arepaid well for their creativity in order to encourage them.A proposed new law is that A standard payment rate for all new artists, for theupcoming that have not yet hit record high and fo ...
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