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Showing posts from June, 2011

No Copyright - No music? (article excerpt)

Introduction To what extent does copyright law encourage the production of music? On the one hand, the Internet features a vast amount of new music, while on the other hand copyright law is practically weakened by piracy. This is a paradoxical situation. Following the rationale of copyrights, a mitigation of the law (due to problems of enforceability) should lead to a decrease in musical output due to lack of incentives and vice versa. This paper analyzes the motivational incentive of copyrights to artists and labels to produce and publish music. Conclusion A sagging copyright (due to piracy) should lead to a decreasing number in music recordings. However, in light of the flourishing supply of new music on the Internet, something in this equation appears to be wrong. Firstly, artists appear not to be influenced significantly by copyrights. The majority of artists would not adjust their musical productivity to copyright alterations. In addition, there is evidence of a cost-of-c