This bill establishes the Artist Compensation Royalty Fund to increase payments to musicians from streaming services. Music streaming platforms (like Spotify and Apple Music) would be required to add a "living wage royalty fee" to subscriber bills—equal to 50 percent of the subscription fee, but capped between $4 and $10 monthly—with all collected amounts funneled into the fund. The fund would then distribute 90 percent of its revenue to featured artists based on their streaming numbers and 10 percent to non-featured artists (backup vocalists, session musicians) through existing unions. The bill establishes a nonprofit administrator to oversee the fund, collect payments from streaming services, track records, and distribute payments to eligible musicians quarterly. The legislation applies only to human artists and explicitly excludes corporate entities and artificial intelligence, and the Fund Administrator may audit service providers and impose penalties for non-compliance.
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