Art & Culture = $$$

Art & Culture = $$$

 

            This past week, the Copyright Alliance in collaboration with the Motion Picture Association of America (MPAA), hosted an event where the Director of Research and Analysis at the National Endowment for the Arts (NEA), spoke about “Why The Arts Mean Business.”

According to the joint study of the U.S. Bureau of Economic Analysis and the NEA, the contribution of arts and culture to the U.S. economy in 2011 was about 3.2 percent or $504 billion dollars. The top contributors were movies/video, creative content of advertising, cable TV, publishing, and the performing arts. In addition, 60% of the contribution was from copyright intensive industries.

According to legalzoom.com, “a copyright is a form of protection provided by the laws of the United States to authors of ‘original works of authorship.”’ This includes literacy, dramatic, musical, artistic and other creative works. “ The American Bar Association states that in order to bring a copyright infringement action, the plaintiff must prove; (1) ownership of a valid copyright and (2) copying of constituent elements of the work that are original. 

Ownership of a valid copyright consists of; (1) originality in the author, (2) copyrightability of the subject matter, (3) a national point of attachment of the work, (4) compliance with applicable statutory formalities, and (5) (if the plaintiff is not the author) a transfer of rights or other relationship between the author and the plaintiff so as to constitute the plaintiff as the valid copyright claimant.

After the event, Sunil Lyengar, the director of the NEA discussed the study as well as future projects.  To listen to the podcast interview click here.

 Special thanks to Katrina Nicha for another great post!

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