H.R. 7763 proposes the creation of the Artist Compensation Royalty Fund to provide financial support to musical artists in the United States. The bill requires service providers, like music streaming platforms, to charge an additional fee on subscriptions, part of which will...
Simple Explanation
H.R. 7763 is like a piggy bank to help music makers get paid when their songs are played online. Music apps add a little extra to what people pay, put some of this money in the bank, and then share it mostly with the music stars and a little with their helpers like backup singers.