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August 17, 2011

A volcano is about to erupt in the recording industry

Under the present copyright law, effective 1/1/78, upon birth of a musical piece, a 35-yr clock starts ticking, after which musicians are granted termination rights, which allow them to regain control of their work, so long as they apply at least 2 years in advance. The first round of works are free in 2013. The termination notices started going out on 1/1/11.

http://www.nytimes.com/2011/08/16/arts/music/springsteen-and-others-soon-eligible-to-recover-song-rights.html?_r=2&hp&pagewanted=all

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