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So maybe we only have 3 more years to wait for the Largo show...5 more years for an US Festival Release?
I would see why you would want 100% of the royalties as opposed to 15 or 20%...
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Music Copyright Law Change Brings Disharmony to Musicians and Labels
Brian Glaser ContactAll Articles
Corporate Counsel
August 16, 2011
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Hit songs from the late 1970s may be about to get a major legal remix, thanks to a change in copyright law set to go into effect soon.
In The New York Times article "Record Industry Braces for Artists' Battles Over Song Rights," reporter Larry Rohter examines a 1976 copyright law that, on January 1, 1978, started a 35-year clock ticking, after which "musicians, like creators of other works of art, were granted 'termination rights,' which allow them to regain control of their work after 35 years, so long as they apply at least two years in advance. Recordings from 1978 are the first to fall under the purview of the law, but in a matter of months, hits from 1979, like 'The Long Run' by the Eagles and 'Bad Girls' by Donna Summer, will be in the same situation—and then, as the calendar advances, every other master recording once it reaches the 35-year mark."
Because recordings from 1978 will turn 35 in 2013 and applications must be made two years ahead of time, this is the year for artists to file for copyright termination.
Rohter quotes players from both sides of the musician/music-business divide on the issue, which has the potential to strip record labels of some of their most valuable catalog assets. Eagles singer, songwriter, and drummer Don Henley (who is also part of musicians' rights group the Recording Artists Coalition) says, "In terms of all those big acts you name, the recording industry has made a gazillion dollars on those masters, more than the artists have. . . So there's an issue of parity here, of fairness."
On the other end, Recording Industry Association of America GC Steven Marks tells Rohter, "We believe the termination right doesn't apply to most sound recordings," arguing that the songs and albums in question were created at "works for hire."
The one thing that seems certain is that the changes in the copyright laws are sufficiently vague enough to ensure plenty of litigation as artists start trying to reclaim the rights to their songs: "Daryl Friedman, the Washington representative of the recording academy, which administers the Grammy Awards and is allied with the artists' position, expressed hope that negotiations could lead to a 'broad consensus in the artistic community, so there don't have to be 100 lawsuits.' But with no such talks under way, lawyers predict that the termination rights dispute will have to be resolved in court."
See also: "Q&A: Incoming Recording Industry Chief Sherman Targets Piracy," The American Lawyer, August 2011.
I would see why you would want 100% of the royalties as opposed to 15 or 20%...
Font Size:
Music Copyright Law Change Brings Disharmony to Musicians and Labels
Brian Glaser ContactAll Articles
Corporate Counsel
August 16, 2011
Twitterdel.icio.us DiggRedditNewsvineLinkedInStumbleuponGoogle Bookmarks
PrintShareEmailReprints & PermissionsPost a Comment
© anderm - Fotolia.com
Hit songs from the late 1970s may be about to get a major legal remix, thanks to a change in copyright law set to go into effect soon.
In The New York Times article "Record Industry Braces for Artists' Battles Over Song Rights," reporter Larry Rohter examines a 1976 copyright law that, on January 1, 1978, started a 35-year clock ticking, after which "musicians, like creators of other works of art, were granted 'termination rights,' which allow them to regain control of their work after 35 years, so long as they apply at least two years in advance. Recordings from 1978 are the first to fall under the purview of the law, but in a matter of months, hits from 1979, like 'The Long Run' by the Eagles and 'Bad Girls' by Donna Summer, will be in the same situation—and then, as the calendar advances, every other master recording once it reaches the 35-year mark."
Because recordings from 1978 will turn 35 in 2013 and applications must be made two years ahead of time, this is the year for artists to file for copyright termination.
Rohter quotes players from both sides of the musician/music-business divide on the issue, which has the potential to strip record labels of some of their most valuable catalog assets. Eagles singer, songwriter, and drummer Don Henley (who is also part of musicians' rights group the Recording Artists Coalition) says, "In terms of all those big acts you name, the recording industry has made a gazillion dollars on those masters, more than the artists have. . . So there's an issue of parity here, of fairness."
On the other end, Recording Industry Association of America GC Steven Marks tells Rohter, "We believe the termination right doesn't apply to most sound recordings," arguing that the songs and albums in question were created at "works for hire."
The one thing that seems certain is that the changes in the copyright laws are sufficiently vague enough to ensure plenty of litigation as artists start trying to reclaim the rights to their songs: "Daryl Friedman, the Washington representative of the recording academy, which administers the Grammy Awards and is allied with the artists' position, expressed hope that negotiations could lead to a 'broad consensus in the artistic community, so there don't have to be 100 lawsuits.' But with no such talks under way, lawyers predict that the termination rights dispute will have to be resolved in court."
See also: "Q&A: Incoming Recording Industry Chief Sherman Targets Piracy," The American Lawyer, August 2011.
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