Rep. Howard L. Berman (D-CA), ASCAP CEO John LoFrumento, and ICE Director John Morton discuss copyright issues in today's digital world
The panelists at the How Policy is Shaping the Future of Music session included Rep. Howard L. Berman (D-CA), John LoFrumento (CEO of ASCAP), and John Morton (ICE). Rep. Berman indicated that ensuring music creators get fair compensation for their music everywhere is one of his top priorities. A new report from the Office of the President has shown that intellectual property creators are creating numerous jobs and will be incredibly important to a sustained recovery.
However, Rep. Berman also indicated that this form of new aged "piracy is a greater challenge to address and is not your father's copyright policy." The world has changed. New Media is different than the transition to cable TV for the music industry, said LoFrumento. He stated that many new media companies don't value content over their created structures. "It's like a water bottle. The water is not that expensive, but the companies are charging you more for the bottle," said LoFrumento.