EP61: How Copyright Laws May Be Stunting The Music Industry

Copyright laws were put in place to protect creators... but may they actually be doing more harm than good? What are the impacts of copyright law on the way that an industry functions? And, is the recent scandal involving the Music Modernization Act just par for the course in our industry?

In this episode, our Founders explore the potential negative consequences of copyright law as it pertains to the music industry. This episode serves to start a complex and difficult discussion about economics, creativity and invention, and how the music industry may be able to break out of it's slow-growth plateau.

If you are a musician or music industry professional, the concepts discussed in this episode are absolutely essential for you to understand. You do not want to miss this in-depth, revelatory meditation on the negative impacts of copyright laws - it could be the beginning of a completely new music industry!

DISCOVER:

  • How you can get early access to the Indepreneur Summer Sale!
  • What copyright laws were created to achieve
  • How "licensure" is a clear case of bad economics
  • Why copyright laws tend to favor large organizations like labels
  • What other industries do in lieu of government mandated monopolies
  • How the music industry evolved in response to copyright laws
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    PLUS: The new conversation about the Music Modernization Act

RESOURCES MENTIONED:

INDIEPRO 50% OFF Summer Sale

Milton Friedman on Licensing and Mandated Monopolies

Milton Friedman on the Law of Unintended Consequences

An Economic Analysis of Copyright Law

How Intellectual Property Reinforces Inequality

Appetite for Self-Destruction - Steve Knopper