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Bruce Springsteen Music Catalogue
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<blockquote data-quote="gilo" data-source="post: 107283" data-attributes="member: 6767"><p>Having researched similar issues for my dissertation - the current situation given technological advances in recent years means that IP rights to music and any medium of art that is 'communicated to the public' ect are no longer as concrete as previously. This is mainly because numerous illegal but also quite crafty websites are able to bypass current statutory legislation and communicate works of artists often through a proxy website or an application that is not directly connected to the artist's works. The recent case of TuneIn (have a look if you're interested) demonstrates the new ways that creative works can be broadcasted to the public without 'communicating to the public' directly.</p><p></p><p>I think that Bruce Springsteen's sale is interesting, but also an exception to the general norms, because ultimately the creative works of artists today have very little statutory protection. Bruce Springsteen's catalogue most likely has value because the older generations, and less technologically able, still buy his music - like CDs - which is why he has been able to demand such a vast figure for it. I don't believe many others will demand such a high figure in the future - other than musicians and artists of that sort of generation.</p><p></p><p>Like Jessica said instead the relationship and subsequently negotiated terms between record labels and their newly signed artists will become far less focussed on the rights to the music themselves, but other things that can generate revenue for both parties, such as concerts, merchandise and advertising. Unfortunately the weight on the music itself and the IP rights behind it will become less and less prominent due to the numerous holes that can punched by crafty internet pirates.</p><p></p><p>This doesn't mean that the role of a solicitor in the industry will become less important or insightful. If anything the recent coronavirus pandemic demonstrates the importance of drafting contracts for artists and the parties they are involved that cover all bases - such as force majeure clauses in the event of unprecedented crises whilst on tour.</p></blockquote><p></p>
[QUOTE="gilo, post: 107283, member: 6767"] Having researched similar issues for my dissertation - the current situation given technological advances in recent years means that IP rights to music and any medium of art that is 'communicated to the public' ect are no longer as concrete as previously. This is mainly because numerous illegal but also quite crafty websites are able to bypass current statutory legislation and communicate works of artists often through a proxy website or an application that is not directly connected to the artist's works. The recent case of TuneIn (have a look if you're interested) demonstrates the new ways that creative works can be broadcasted to the public without 'communicating to the public' directly. I think that Bruce Springsteen's sale is interesting, but also an exception to the general norms, because ultimately the creative works of artists today have very little statutory protection. Bruce Springsteen's catalogue most likely has value because the older generations, and less technologically able, still buy his music - like CDs - which is why he has been able to demand such a vast figure for it. I don't believe many others will demand such a high figure in the future - other than musicians and artists of that sort of generation. Like Jessica said instead the relationship and subsequently negotiated terms between record labels and their newly signed artists will become far less focussed on the rights to the music themselves, but other things that can generate revenue for both parties, such as concerts, merchandise and advertising. Unfortunately the weight on the music itself and the IP rights behind it will become less and less prominent due to the numerous holes that can punched by crafty internet pirates. This doesn't mean that the role of a solicitor in the industry will become less important or insightful. If anything the recent coronavirus pandemic demonstrates the importance of drafting contracts for artists and the parties they are involved that cover all bases - such as force majeure clauses in the event of unprecedented crises whilst on tour. [/QUOTE]
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