AARC Summary and Foreign Royalties
Prior to 1992, there were no provisions in US law for recovery of royalties lost due to hometaping, although other countries included such protections in their copyright laws as early as 1965. Passage of AHRA provided for this recovery to be carried out within the US, similar to foreign copyright laws. Following the successful administration of AHRA royalties in the United States, AARC moved toward the administration of foreign hometaping royalties for US-based artists.
AARC has negotiated hometaping agreements with collectives in the following countries: Japan, United Kingdom, Ireland, The Netherlands, Spain, Portugal, Switzerland, and Hungary.
AARC also administers foreign rental royalties for its artist members. It negotiated a landmark agreement with CPRA for the distribution of Japanese record rental royalties to entitled artists on US recordings. This agreement guaranteed US performers entitlement to royalties for rental of their works in Japan. The agreement stems from provisions in the TRIPS Agreement, an international trade-related agreement to protect intellectual property.
Formation of AARC follows the pattern established in other countries where hometaping royalties are collectively administered, such as Spain, Ireland, Japan, Finland, France, Germany, Iceland, the Netherlands, and the United Kingdom. In these countries, the artist community and the record companies have chosen to work together in establishing a simple, efficient and cost-effective means of distributing the collected royalties.
Read more about this topic: Alliance Of Artists And Recording Companies
Famous quotes containing the words summary and/or foreign:
“I have simplified my politics into an utter detestation of all existing governments; and, as it is the shortest and most agreeable and summary feeling imaginable, the first moment of an universal republic would convert me into an advocate for single and uncontradicted despotism. The fact is, riches are power, and poverty is slavery all over the earth, and one sort of establishment is no better, nor worse, for a people than another.”
—George Gordon Noel Byron (1788–1824)
“There is a close tie of affection between sovereigns and their subjects; and as chaste wives should have no eyes but for their husbands, so faithful liegemen should keep their regards at home and not look after foreign crowns. For my part I like not for my sheep to wear a stranger’s mark nor to dance after a foreigner’s whistle.”
—Elizabeth I (1533–1603)