Every single day, millions of Americans enjoy the benefits of a robust copyright system that has been responsibly guided and carefully enacted by the U.S. Congress over the past two centuries. Indeed, only just recently, Congress updated the incredibly complex music provisions of the law, and we continue to have hearings on issues that show the deep regard of this Nation when it comes to incentivizing music, movies, books and art—works that speak to our values and progress as a Nation. By its very design, the copyright law encourages artists big and small, ultimately fueling the public domain for ages to come. And copyright is an economic powerhouse. According to the International Intellectual Property Alliance (IIPA) 2018 report Copyright Industries in the U.S. Economy, copyright intensive industries contribute $1.3 trillion to the U.S. gross domestic product, representing almost 7% of the entire economy. These industries also employ close to 5.7 million American workers with an annual average salary of almost $100,000. In a word, copyright is essential—both to American public life and the broader American innovation economy. Unfortunately, Congress has fallen behind in one crucial aspect of the copyright system: ensuring that the American people have a nimble, state-of-the-art, and efficient Copyright Office at their service.
Business
- ‘Reasonable Efforts’ Require Care and Consistency
- WTO Announces COVID Vaccine Waiver Deal That Virtually No One Wants
- The Biden Administration’s Neutrality Position on SEP Remedies is a Good Move
- Mossoff-Barnett Comment on EU Commission’s Call for SEP Evidence Spotlights Misconceptions About FRAND Obligations
- Misusing March-in Rights for Price Control: A Dagger to the Heart of Small Companies
Recent Posts
- USPTO Report Underscores Split on State of U.S. Patent Eligibility Jurisprudence
- ‘Reasonable Efforts’ Require Care and Consistency
- CAFC Sends Centripetal Back to Drawing Board in Case with Cisco Due to Judge’s Stock
- Other Barks & Bites for Friday, June 24: Congressional Hearings Focus on PTAB Reforms, French Regulators Accept Google’s Copyright Payment Framework, and DOJ Announces Settlement with Meta Over Biased Ad Algorithm
- Sotera Declarations Less Likely Given Vidal Memo on PTAB Discretion