Washington, DC -- Songwriters and publishers have applauded the March 4 initiative by a bi-partisan group of members of US Congress to introduce the Songwriter Equity Act that would "allow songwriters to receive compensation based on the fair market value of their songs."

The bill - which was first proposed in May 2014 - aims at modernising sections 114 and 115 of the US Copyright Act. and, according to their sponsors, "would amend federal law to allow songwriters to receive ...