Kanye West's meeting with President Trump might be mocked by some, but the pairs relationship may have a positive impact on the music industry. Reports state that their meeting is scheduled on the same day as of the signing of new legislation that has the potential to benefit Yeezy and his artistic colleagues financially.
The president is set to sign the Music Modernization Act during West's White House visit. The bill, which was previously passed by the House and Senate, concerns the licensing and royalties given to artist, producers, and songwriters from the work that is played on streaming services.
Artists are said to have been receiving the short end when it comes to streaming profits, having only "retained 12% of the income produced by the music industry, a rather small slice of $43 billion US Market."
Kanye West and Neil Portnow, the president of the Recording Academy, will both be present during the ceremonial signing of the Music Modernization Act.
The meeting that will take place at the White House this week between Trump and Ye is said to concern topics of social issues like prison reform, employment in the manufacturing industry and gang violence. The meeting is being criticized by folks like those who appeared on Don Lemon's show last night. Others are fond of the meetup, including Fox News.
