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Open Access. Powered by Scholars. Published by Universities.®

Law and Economics

Columbia Law School

2019

Alabama Law Review

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Full-Text Articles in Law

A Reconsideration Of Copyright's Term, Kristelia A. Garcia, Justin Mccrary Jan 2019

A Reconsideration Of Copyright's Term, Kristelia A. Garcia, Justin Mccrary

Faculty Scholarship

For well over a century, legislators, courts, lawyers, and scholars have spent significant time and energy debating the optimal duration of copyright protection. While there is general consensus that copyright’s term is of legal and economic significance, arguments both for and against a lengthy term are often impressionistic. Utilizing music industry sales data not previously available for academic analysis, this Article fills an important evidentiary gap in the literature. Using recorded music as a case study, we determine that most copyrighted music earns the majority of its lifetime revenue in the first five to ten years following its initial release …