Once the copyright runs out on a book or music, it can legally be placed on the

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Once the copyright runs out on a book or music, it can legally be placed on the Internet for anyone to download. In 1998 the U.S. Congress extended the copyright law to 95 years after the original publication. But the copyright holds for only 50 years in Australia and 70 years in the European Union. Thus, an Australian website could post Gone With the Wind, a 1936 novel, or Elvis Presley’s 1954 single “ That’s All Right,” while a U.S. site could not. Obviously, this legal nicety won’t stop U.S. fans from down-loading from Australian or European sites. Discuss how limiting the length of a copyright would affect the pricing used by the publisher of a novel.

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Managerial Economics and Strategy

ISBN: 978-0321566447

1st edition

Authors: Jeffrey M. Perloff, James A. Brander

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