Fair use bigger than copyright
Interesting calculations from an industry body (composed of beneficiaries of fair use, so approach with caution):
By one measure -- "value added," which the report defines as "an industry's gross output minus its purchased intermediate inputs" -- the fair use economy is greater than the copyright economy.
Recent studies indicate that the value added to the U.S. economy by copyright industries amounts to $1.3 trillion, said Black. The value added to the U.S. economy by the fair use amounts to $2.2 trillion.
The fair use economy's "value added" is thus almost 70% larger than that of the copyright industries.
(Via /.)
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| Published by Janne Jalkanen. |
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