Following yesterday's Gowers Report in the UK that had a lot of bad suggestions for intellectual property and one decent one (not extending copyrights on recordings), it seems like a bunch of musicians are upset about the recommendation. A group of about 4,000 musicians have signed a petition calling for "fair play for musicians" as if having been paid for work they did 50 years ago wasn't already fair. As we've discussed repeatedly, the point of copyright is to create incentives for people to create content that they wouldn't otherwise. It's hard to see how you stick by that purpose when you're trying to create incentives for content that was already created 50 years ago. The simple fact is that for most of the content that was created 50 years ago, they've already gotten all the value out of it that they could. Most recordings from that time no longer have any commercial value. The ones that do (i.e., from the musicians complaining quite loudly) have already paid their creators many times over. In no other business to people still get paid for the work they did 50 years ago.
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