Copyright does not benefit artists

The RIAA and other related bodies have always claimed that the need to prevent P2P sharing is because the take away the benefits of copyright from artists. This study which looks at British and Geman musicians actually blows away that claim. Once again, another salvo into the heart of the greedy industry.

The evidence here is contradictory. The often–made claim that copyright supports the creative basis of a society is empirically doubtful. There is a suspicion that copyright underpins vastly unequal rewards.

Creator and investor interests are not the same. Copyright suits investors (music publishers, labels) who are incentivised to market and distribute the works they exclusively control. Copyright also suits creators with a track record of hits who can extract favourable terms from investors.

Copyright does little for new and niche creators who often sign away their bargaining chips cheaply. In the absence of alternative compensation schemes, digitisation so far appears to have brought few financial benefits from disintermediated distribution.