Copyright Extension Will Help Most EU Performing Artists? Guess Again

The Open Rights Group has analyzed the EU Commission's Impact Assessment on the Legal and Economic Situation of Performers and Record Producers in the European Union report and found that only music companies and a small number of performers will benefit significantly from a proposed copyright term extension.

Here's an excerpt from "As Little as 50¢ a Year from Increased Term of Copyright."

Our submission shows that for the vast majority of performers the projected extra sales income resulting from term extension is likely to be meagre: from as little as 50¢ each year in the first ten years, to as "much" as £26.79 each year. That’s because most of the gains (89.5%) will go to the top 20% of recording artists. Meanwhile the major labels will be dividing up millions in extra handouts every year.

Read more about it at "80% of Artists Would Get ‹£30/year from Copyright Extension."