"It is the most important piece of legislation in a generation to help make sure songwriters in our country are paid and are paid a fair market value for their work," Tennessee Senator Lamar Alexander
asserted on the floor of Congress following the bill's passage. The bill is essentially a music business peace treaty, designed to fix some very longstanding issues within it. It's the result of years of slow-moving compromise between tech companies like Spotify that rely on music (and wish to pay as little as possible for the privilege), entrenched music industry interests from major and independent labels to publishers and performance rights organizations, artists (who wish to get paid as much as possible from companies like Spotify) and the organizations that advocate for them.