Fair doesn’t mean free: changes would crush local content
May 6, 2016 | Company News
The Productivity Commission’s draft report on Australia’s copyright arrangements makes recommendations that would be incredibly detrimental to our national creative talent. The report is overall profoundly disappointing and a major cause for concern, says Copyright Agency Chairman Kim Williams.
“I cannot think of another recent report that so seriously misses the main drivers of its area of inquiry – namely innovation and the incentives to produce new work. At the same time, the report treats Australian creative content and its production with a disdain bordering on contempt, and that is surprising for any economic statement.
The commission makes recommendations that would have such a deeply detrimental impact on the ability of film and TV makers, writers, artists and journalists to tell Australian yarns, and make a living doing so, as to be worthy only of rejection.
Take the commission’s conclusions on what drives innovation. The draft report claims our intellectual property and copyright settings inhibit investment and innovation. Really? Most people who run businesses and invest money know that what really drives innovation is a clear operating framework which enables companies and entrepreneurs to manage their risk appetite and capital investment, as well as access to highly skilled people.
In the creative landscape, the bedrock of production is copyright – the Copyright Act provides the critical framework for ensuring returns from investment.”
Read the full article by Kim Williams here.