By: Spacelab Research Staff
The European Union is considering extending the copyright period for artists by an extra 45 years, based on a proposal introduced last week. The proposal would take the current timeframe of 50 years and extend it to 95. The plan would support both featured and musicians and studio musicians.
They also want to reconsider copyright levies that pay a form of royalties for the use of blank CDs/DVDs, data storage and media players like the iPod and Zune.
The proposal would also include a "use it or lose it" provision which allows artists to move to a new label if the original label did not re-release an album during the copyright period. This would give artists more mobility and control over their material.
In a proposal set to be considered by the European Union, the European Commissioner for Internal Market and Services Charlie McCreevy said:
"I am determined to ensure that this extension will benefit all artists – whether featured artists or session musicians. I will propose a fund for session musicians be set up. This should be a substantial fund – representing at least 20% of the income derived during this new extended term. And for featured artists, any original advances not recouped may not be set off against royalties in the extended term. That means the artist would get all the royalties during the extended term.
I also intend proposing a 'use it or lose it' provision. That means that, in case a record company is unwilling to re-release a performance during the extended term, the performer can move to another label who is ready to release his or her work."