Copyright term, film labeling, and film preservation legislation : hearings before the Subcommittee on Courts and Intellectual Property of the Committee on the Judiciary, House of Representatives, One Hundred Fourth Congress, first session, on H.R. 989, H.R. 1248, and H.R. 1734 ... June 1 and July 13, 1995 (1996)

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634 significant expenditures for the creation of derivative works if they will have to compete with other derivative works based on the same underlying work. Therefore, the pxiblic is more likely to see high caliber derivative works if they are based on copyrighted works and made under authorization from the copyright proprietor. Nor is there any evidence that public domain works, or derivative works based on public domain works, are less expensive for the consumer. A quality modern edition of Shakespeare costs no less than copies of copyrighted works; movie theaters charge as much for movies based on public domain works as for those based on copyrighted works. The public is certainly not getting a break on Phantom of the Opera ticket prices as a result of its public domain origins. This, too, is a reason why juridical entities, as well as individual authors, should be accorded an extended term of protection. Relatively few individual authors have the resources to exploit works in the commercial marketplace. Music and book publishers, motion picture companies and software firms are all necessary to produce, and bring to the public, copyrighted works in quality form. Extended copyright term will provide additional economic incentive to such copyright owners, and will finance future authorship, production and distribution. -32