Comment Re:Evidence that the copyright term is out of whac (Score 1) 368
Let's assume that 30% of all revenue is being cashed in the first 3 months. The rest of 70% is spread over the 94 years and 9 months of copyright remaining. The artist gets the thick of it in the first 3 months and then everything else it trickling down as crumbles.
Labels are greedy and can wait. An artist might not be able to wait that long, let alone still be alive 50 years from now.
An easy (and capitalist) solution is to simply make copyright free for the first year and start charging per year after that.
The only issue with this I can think of is that it may encourage some no talent artists (I.E. most of them) to blatantly copy old works and sell them as their own, but this is easily fixed by having a longer automatic copyright term for commercial purposes only.