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Old 06-24-2016, 09:17 PM
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Default Jon, Bruce take on Reform of Digital Millennium Copyright Act

Asbury Park Press:
Watch out, YouTube, the Boss and Bon Jovi are coming for you.

Bruce Springsteen...(and) Jon Bon Jovi...added (their) name(s) to a list of more than 500 musicians...calling for the reform at the Digital Millennium Copyright Act of 1998, which protects of the rights of copyrighted works on the Internet. The signees claim that YouTube benefits from a loophole in the act that allows the web site to profit from works that should be protected but aren’t because the DMCA is antiquated.

“This law was written and passed in an era that is technologically out-of-date compared to the era in which we live,” reads the petition. “...Music consumption has skyrocketed, but the monies earned by individual writers and artists for that consumption has plummeted.”

“Labels made deals with YouTube out of desperation. It’s pennies and whack-a-mole...” said organizer Irving Azoff...manager of Bon Jovi. “YouTube can stop leaks of their own programs...but won’t keep music that leaks or demos that artists don’t want released...The playing field should be even for all digital players. Apple, Spotify and Pandora don’t hide behind safe harbor.”

“The overwhelming majority of labels and publishers have licensing agreements in place with YouTube to leave fan videos up on the platform and earn revenue from them,” reads (a) YouTube statement. “Today the revenue from fan-uploaded content accounts for roughly 50 percent of the music industry’s YouTube revenue. Any assertion that this content is largely unlicensed is false. To date, we have paid out over $3 billion to the music industry – and that number is growing year on year.”
And, as the saying goes, somewhere in the middle lays the truth...
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