Copyright Term extended in Europe
This Directive has become a subject of discussion as one of the main objectives of this Directive is- ‘welfare of performers’. In order to ensure that performers also gain advantage out of this amendment the directive provides that record label companies (phonogram producers) shall have to share 20% of their revenue derived during the 51st and the 70th year with the performers (on an annual basis). Looks like this revenue sharing may happen via a copyright society or other similar ways. Without commenting much on the impact of this amendment the initial feeler is that the record labels seem to be benefiting more than the performers. The Directive may be accessed here.
To know more about the Intellectual Property services offered by Brain League, please visit Brain League.