It’s now more than a decade since the internet began killing the music industry. The situation is so much worse than the last thing to kill music — home taping — that the industry is enjoying considerable success in getting its business model protected by law.
Just last year the Government passed the Digital Economy Act, which the industry argued was needed to tackle piracy, and yesterday the European Commission extended the copyright term on sound recordings from 50 to 70 years.
And the European copyright extension is great news for artists. At least according to the IFPI, the organisation that represents the international recording industry — via redwolf.newsvine.com