000			01684nam a22001937a 4500
020			_a9781107181670 (Hardback)
082			_a347.78 _bLUN
100			_aLunney Glynn
245			_aCopyright's excess: money and music in the US recording industry
260			_aNew York: _bCambridge University Press, _c2018.
300			_axiii,238p.
520			_aFar more than 200 years, copyright in the United States has rested on a simple premise: more copyright will lead to more money for copyright owners, and more money will lead to more original works of authorship. In this important, illuminating book, Glynn Lunney tests that premise by tracking the rise and fall of the sound recording copyright from 1961-2015, along with the associated rise and fall in sales of recorded music. Far from supporting copyright's fundamental premise, the empirical evidence finds the exact opposite relationship: more revenue led to fewer and lower-quality hit songs. Lunney's breakthrough research shows that what copyright does is vastly increase the earnings of our most popular artists and songs. Doing so reduced their productivity. At the same time, copyright did very little to increase the earnings of, and hence increase the productivity of, artists at the margins. The net result: more revenue was associated with the release of fewer hit songs. This book should be read by anyone interested in how copyright operates in the real world.
650			_aCopyright - Music - United States
650			_aMusic - Economic aspects - United States
650			_aCopyright and Revenue in the Recording Industry
650			_aMeasuring Music Output
650			_aRationalizing Copyright
942			_cBK
999			_c344553 _d344553