• Most Popular
  • Most Shared

EU offers royalty scheme for pension-age rockers

BRUSSELS
Wed Jul 16, 2008 12:44pm EDT
Cliff Richard performs to launch his European tour in Helsinki March 13, 2007. REUTERS/Lehtikuva/Markku Ulander

BRUSSELS (Reuters) - Veteran acts such as Cliff Richard and the Beatles would earn royalties for years to come under a European Union scheme which puts performers on a more equal copyright footing with composers.

Under EU plans adopted on Wednesday, copyright for musicians and singers is being extended to 95 years from 50 years, assuring Cliff and other ageing rockers of continued royalties on songs like Living Doll recorded in the early part of their careers.

For composers copyright protection will continue to run until 70 years after death.

Without reform, 7,000 performers in Britain alone would lose all their airplay royalties over the next 10 years, the EU said.

Internal Market Commissioner Charlie McCreevy first outlined his plan in February and received a warm welcome from record labels and top acts such as U2. The proposal needs approval from EU governments and the European Parliament to take effect.

McCreevy said the changes would benefit less well known artists in particular as they depend more on regular royalties to see them through retirement.

In Britain the Gowers report for the government came out against extending the 50 year copyright rule for performers, but McCreevy said there was no compelling reason why a performer should not have similar rights to a composer.

The typical performer stands to gain between 150 euros (119 pounds) and 2,000 euros a year for extra airplay fees, he said.

McCreevy's plan also includes a "use it or lose it" provision, so performers who transferred rights to a record label which no longer wanted to market the recordings can grab back their rights.

"The copyright measures adopted today should underline that we take a holistic approach when it comes to intellectual property," McCreevy said in a statement.

(Editing by Dale Hudson and David Holmes)



More from Reuters

Photo

Fox, Time Warner Cable ink temp deal to avoid blackout

NEW YORK (Reuters) - Time Warner Cable and News Corp's Fox Networks agreed to a brief extension of their current carriage contract on Thursday to avoid a blackout that would have prevented 13 million U.S. homes from seeing TV shows like "The Simpsons" and college and NFL football games.

A customer is served at a counter inside a foreign exchange store displaying a poster of various banknotes including the Chinese yuan or renminbi (RMB) in Hong Kong November 20, 2009. REUTERS/Bobby Yip
OUTLOOK 2010:

Be careful what you wish for

Pressure on China to loosen its grip on the yuan will continue but the U.S. should tread carefully. Here are five world market issues to watch.  Full Article 

Clients work out on machines at the Bally Total Fitness facility in Arvada, Colorado June 15, 2009.  REUTERS/Rick Wilking

Get real with resolutions

We make them and we break them: The secret to keeping them is to avoid the impossible dream.  Full Article