By: Audrey Harris
Illegal streaming currently causes an estimated $29.2 billion annual loss to the United States’ economy. This economic loss to the economy prompted the passage of the Protecting Lawful Streaming Act (PLSA) on December 27, 2020. Prior to the passage of this law, the public performance of copyrighted material resulted in only misdemeanor liability, while the reproduction of copyrighted material resulted in felony liability, leading to what was known as the “streaming loophole.” The Protecting Lawful Streaming Act aims to close this streaming loophole by mandating that the public performance of copyrighted material will result in felony liability. This blog posting explores the economic implications that gave rise to the new law and the prior failed attempts to close the streaming loophole, while assessing potential repercussions of PLSA on the growing industry of DJs providing virtual concerts.