CCIA Releases Economic Study Calculating Value of �Fair Use�
Apr 29, 2010, 18:03 (0 Talkback[s])
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"Industries that rely on fair use exceptions to copyright law
grew faster than the rest of the U.S. economy from 2002 to 2007,
expanded 5 percent and accounted for 23 percent of real economic
growth, according to a new economic study. The Computer &
Communications Industry Association released its 2010 economic
study "Fair Use in the U.S. Economy" on Capitol Hill today.
"CCIA commissioned the study conducted using publicly available
government data and World Intellectual Property Organization
methodology. It found companies benefiting from limitations on
copyright-holders' exclusive rights, such as "fair use" –
generated revenue of $4.7 trillion in 2007 – a 36 percent
increase over 2002 revenue of $3.4 trillion. The most significant
growth over this period was in Internet publishing and
broadcasting, web search portals, electronic shopping, electronic
auctions and other financial investment activity.
"As for jobs, employment in fair use industries grew from 16.9
million in 2002 to 17.5 million in 2007. One out of eight U.S.
workers is employed by a company that benefits from protections
provided by fair use and industries relying on fair use and other
copyright exceptions make up one-sixth of the U.S. economy,
according to the report. The report updates a comprehensive 2007
study that shows the importance of fair use."
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