EU Props Up Record Labels, Extends Album Copyright to 95yrs
Date : 2008 07 16 Category : Web News
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New initiative lengthens copyright protections so that artists receive royalties further into retirement, but also lengthens it for record producers so that they have additional time to "adapt to the rapidly changing business environment."c
Today the the European Commission formally adopted several initiatives that drastically alter the copyright protection landscape and sadly bring it into line with the US.
The Commission proposed to equalize the copyright protection term for performers with that of composers in a bid to bridge the "income gap that performers face toward(s) the end of their lives." This means that the term of protection for recorded performances and the record itself will be lengthened from 50 to 95 years.
"In this way, the proposal would benefit both the performer and the record producer," says a press release from the Commission.