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EC has a copyright day: term extension, Green Paper

Just before heading off into their summer vacations, the European Commission has decided [press release] to extend the copyright term for sound recordings, from 50 to 95 years.

This significantly lengthens the period during which new creators will be taxed by rightsholders. The EC says this will benefit elderly session musicians who would otherwise now start losing royalties for recordings made in their 20s, and denies that the extension does anything to gold-plate Keith Richards' swimming pool.

The Register mentions a "use it or lose it" termination clause without going into specifics. I haven't seen this discussed anywhere else so far.

The EC's other decision today was to adopt a "Green Paper" [what's this?] on copyright in the knowledge economy. This is supposed to be the start of "a structured debate on the long-term future of copyright policy", and supposedly

The Green Paper is an attempt to organise this debate and point 
to future challenges in fields that have not been a focal point
up to now, e.g. scientific and scholarly publishing, and the role
of libraries, researchers and the persons with a disability.

While this doesn't sound so bad, right below the text is a link to a speech that Commissioner McCreevy gave at a BSA-sponsored conference on Digital Restrictions Management (DRM), which contains choice paragraphs like: 

So today we are here to talk about how we in the Commission can 
assist the ICT sector in putting the innovation that is at the
heart of DRM technologies to use - so that other parts of the IP
community can deliver protected content securely to consumers.

I hope he's just flogging a dead horse. But this doesn't bode well for the broadened focus of the Green Paper debate.

Hell freezes over as WSJ says patents stifle innovation

After Nobel prize winners Joseph Stiglitz and John Sulston last week, now the Wall Street Journal carries an article about the problem that the patent system has become. It's US-focused, but it pretty neatly outlines how the debate on a mild patent reform there sets the pharmaceutical industry against technology companies:

Yet the fault line over patent reform signals the
deeper problems. Many pharmaceutical companies lobbied against the
proposals, fearful of reduced value in their key intellectual property.
In contrast, most technology firms supported the reforms, worried more
about uncertainty in the law than about the value of their patents.
Both sides may be right. New empirical research by
Boston University law professors James Bessen and Michael Meurer,
reported in their book, "Patent Failure," found that the value of
pharmaceutical patents outweighed the costs of pharmaceutical-patent
litigation. But for all other industries combined, they estimate that
since the mid-1990s, the cost of U.S. patent litigation to alleged
infringers ($12 billion in legal and business costs in 1999) is greater
than the global profits that companies earn from patents (less than $4
billion in 1999). Since the 1980s, patent litigation has tripled and
the probability that a particular patent is litigated within four years
has more than doubled. Small inventors feel the brunt of the
uncertainty costs, since bigger companies only pay for rights they
think the system will protect.

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