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11.02.05
Artist’s earning and copyright
On firstmonday Martin Kretschmer presented a survey about the inefficiencies and ineffectiveness of the prevalent copyright laws. His summary goes along the lines:
’The often—made claim that copyright supports the creative basis of a society is empirically doubtful. There is a suspicion that copyright underpins vastly unequal rewards. Creator and investor interests are not the same. Copyright suits investors (music publishers, labels) who are incentivised to market and distribute the works they exclusively control. Copyright also suits creators with a track record of hits who can extract favourable terms from investors. Copyright does little for new and niche creators who often sign away their bargaining chips cheaply.’
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