Euro Parliament Ups Music Copyright Term To 70 Years, No Fee Change For Artists

, delicious – July 22, 2009 § 0

Member states have been given two years to introduce the legislation to their own legal systems and parliament has asked the EC to review the rules after three years to judge its impact, particular on the digital market. | Directive is now being held up in the Council of Ministers awaiting further debate on the issue. | Artists commonly get between five and 15 percent of sales, with music companies traditionally taking the rest to pay for CD production and distribution. But with CD sales in decline and digital distribution increasing many challenge whether labels deserve to benefit on the same terms for an extra 20 years. Or as Bill Bragg told AP, “Now that they no longer have to (make CDs), that money will go straight into their bottom line.” | “Parliament’s vote will be music to the ears of the big record companies and top-earning artists”
http://www.paidcontent.co.uk/entry/419-euro-parliament-ups-music-copyright-term-from-50-to-70-years/

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