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Congress wants to extend the copyright on some sound recordings to 144 years

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Re: Congress wants to extend the copyright on some sound recordings to 144 years

#2
It's funny that the senator's party's platform is based around little to no government regulation and healthy capitalistic competition. Here he is granting an artificial monopoly for 7 generations. I'll bet his hands were well greased.

Gotta love corrupt America.

Re: Congress wants to extend the copyright on some sound recordings to 144 years

#3
Here's the EFF link to contact your senator:

https://act.eff.org/action/stop-another-expansion-of-copyrig...

If you do so, be brief, polite, and state your position, for or against as well as the strength of your position (strongly against, etc.). The staffer will simply aggregate everyone's for/against positions. Verbal abuse or extra emotion is not helpful.

Re: Congress wants to extend the copyright on some sound recordings to 144 years

#5
Extending copyright long after the life of an artist is bad economics. Because of the value of future money any revenue from future sales 30+ is essentially worthless now. So it doesn’t induce people to create more works of art and entertainment.

Re: Congress wants to extend the copyright on some sound recordings to 144 years

#6
> Music Modernization Act

I don't know if/how it could legally be done, but I'd love to see "cute" names for laws barred from use in Congress. Refer to them all by number not brand names dreamed up by marketing professionals to make the proposed law seem unassailable ("Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act" aka USA PATRIOT Act).

Re: Congress wants to extend the copyright on some sound recordings to 144 years

#7
What's crazy to me is that this legislation really only needs one person to get it there, because Congress is nothing more than a club of mutual backscratchers. Why focus on real issues when you can spend all your your time acquiring IOUs that will eventually pay off big?

Re: Congress wants to extend the copyright on some sound recordings to 144 years

#8
post #2

It's funny that the senator's party's platform is based around little to no government regulation and healthy capitalistic competition. Here he is granting an artificial monopoly for 7 generations. I'll bet his hands were well greased. Gotta love corrupt America.

Copyright is about the least artificial monopoly that exists. An artificial monopoly is the government sending men with guns to keep bigger stronger men than me off my land. It's a chunk of dirt that existed millions of years before I was born and will continue to exist millions of years after I'm dead, but the government allows me to call it "mine." That's as artificial as it gets, but we call it "natural rights."

A monopoly on creative works--something that didn't exist before the person who created it--is far less artificial. (And granting a monopoly on something that's non-rival, so everyone can have as much of it as they want so long as they're willing to create their own, seems far better than granting one on a scarce natural resource.)

Re: Congress wants to extend the copyright on some sound recordings to 144 years

#9
post #5

Extending copyright long after the life of an artist is bad economics. Because of the value of future money any revenue from future sales 30+ is essentially worthless now. So it doesn’t induce people to create more works of art and entertainment.

Is that if the price is constant over that time? Couldn't you just price the product to reflect roughly constant value, giving you linear return over time?

Re: Congress wants to extend the copyright on some sound recordings to 144 years

#10
They say that in ancient roman times during a triumph there would be a slave that follows the triumphant general whispering to him "remember you are mortal".

They should have a congressional page follow Orin Hatch whispering in his ear "remember you are not a singer songwriter, your songs all suck, and nobody would ever listen to them if you were not a senator."

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