Study Fair Use Fuels 18 of US Economy - ProSoundNetwork.com

Study Fair Use Fuels 18 of US Economy

Washington, DC (September 17, 2007)--In an age where major media conglomerates don't want anyone making copies of anything and DRM issues are thornier than ever, the concept of fair use doctorine has come increasingly under fire. Some researchers claim, however, that it might be a short-sighted move; according to a study commissioned by the Computer and Communications Industry Association (CCIA), Fair Use exceptions to U.S. copyright laws are responsible for more than $4.5 trillion in annual revenue for the United States. Conducted in accordance with a World Intellectual Property Organization methodology, companies benefiting from limitations on copyright-holders' exclusive rights, such as "fair use"--generate substantial revenue, employ millions of workers, and, in 2006, represented one-sixth of total U.S. GDP.
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