Copyright Term Reversion and the 'Use-It-Or-Lose-It' Principle
International Journal of Music Business Research (IJMBR) – ISSN 2227-5789 Issue 1, no. 1, April 2012
10 Pages Posted: 22 May 2012
Date Written: March 21, 2012
This brief article makes an argument for the use of the legal technique of term reversion, as a means for bringing unexploited works back into use, and mitigating the undesirable effects of the excessive term of copyright protection. It is proposed to legislate a simple rule that copyright interests will be transferable only for an initial term of ten years, after which they will fall back to the creator. If carefully implemented, the rule is compatible with the current constraints of international and EU law. By stimulating artist led innovation, term reversion may also improve the financial position of creators.
Keywords: copyright, copyright term, term reversion
JEL Classification: O34, K11
Suggested Citation: Suggested Citation