Monday, March 02, 2009
How copyright term extension really works -- video rebuts record companies demand for more copyright in Europe
Boing Boing: "Here, for your delectation is, 'How copyright term extension really works'. It includes the sad fact that most artists could receive as little as 50 (euro) cents from sales associated with the extended term, and may even be worse off when it comes to royalties from radio airplay. And yet the major labels - who continue to tout this flawed policy as a way to help starving artists - will pocket millions."
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2 comments:
The poor studies and bad logic in this case are a result of money. I think that the Parliament should reconsider the document with all the facts, not just those represented by the record companies.
I think the arguments made by the video are very sound, but an important part of the landscape that they missed is that at best, the labels are colluding against the consumer, and at worst they are vast monopolies. I feel that it's fairly well established that these laws would not help musicians, and would hurt consumers, but I wonder where the label's profits go. Could these folks find some numbers on how much ends up paying CEOs? Middle management? Audio engineers? Advertising? My uninformed assumption is that most of it goes to CEO's and investors. If this is the case, and most of the money we pay for music goes to people with no value-add, then their case could be made even stronger.
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