July 18, 2008
Does Paul McCartney Need More Money?
The European Commission has proposed a plan to retroactively extend the copyright terms on musical recordings for another 45 years to a total of 95 years. From the Commission's statement:
The aim of the proposal is to bring performers' protection more in line with that already given to authors - 70 years after their death. The extended term will enable performers to earn money for a longer period of time and in any event throughout their lifetime. The income from copyright remuneration is important for performers, as they often do not have other regular salaried income. The extended term will also benefit record producers who will generate additional revenue from the sale of records in shops and on the internet. This should allow producers to adapt to the rapidly changing business environment and help them maintain their investment levels in new talent.
Text of the Proposal (pdf)
Hat tip to Ars Technica. [JH]
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Reality has shown that this is not done for Artist but for the management of extortionist corporations and it's lawyers and judges.
It's social welfare for the better situated (lawyers and judges and management of extortionist corporations make a lot of money) over the backs of the common public.
Besides, let artists perform for their money like all of us that do not get subsidized all the way.
Posted by: Bas | Jul 18, 2008 8:00:20 AM