By Cory Doctorow, Via London Guardian: Will EU repeat US copyright error?:
"As I type this, members of the European Parliament are preparing to repeat one of the worst mistakes in copyright history — enacting a European version of America's reviled Copyright Term Extension Act of 1998.
The EU version will tack 45 years onto the duration of copyright for existing and future sound recordings, making for a grand total of 95 years' worth of monopoly control for companies that produce recordings...
Giving additional copyright for existing works can't possibly create the incentive to make more works — you could give Elvis Presley a million years' worth of copyright on his 1955 recordings and he still won't record any more music...
The US extension of copyright has turned almost every work created in America's history into an "orphan" — a work whose copyright has not expired, but whose copyright holder has been lost to the mists of time.
The court in Eldred held that an astonishing 98% of works in copyright were orphaned...
Experts all agree: extending the copyright on existing works provides no benefit save a windfall to a small minority of already-wealthy artists and giant corporations (if your music is still commercially viable after 50 or 95 years, you're a billionaire like Paul McCartney, not a struggling artist — or you're the giant label that acquired the rights to one of the lucky few artists' works)."
http://www.guardian.co.uk/technology/2008/dec/06/cory-doctorow
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