The Electronic Frontier Foundation has new analysis of the leaked Trans Pacific Partnership (TPP) treaty, a secretive trade deal being hammered out without any public oversight, and set to be fast-tracked through the US Congress without substantial debate. EFF’s piece focuses on the treaty’s provisions that affect “termination rights,” an obscure but important part of copyright law that allows creators to take their assigned copyrights back from the companies who bought them after 35 years. The studios, labels and publishers hate this, as it allows creators who scored big hits early in their careers when they were getting paid peanuts for their work to take those successful works back and re-sell them at a more appropriate price. EFF’s view is that the TPP draft endangers Termination Rights. It’s more proof that just because many creators are on the side of the big entertainment companies, it doesn’t follow that the companies are on the side of their creators. Any creator who endorses TPP, thinking that expansions to copyright will always benefit them, had better look again: TPP is a way of taking away one of the most valuable rights that creators have and handing it over to Big Content to make billions off of.
This is STILL happening.
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