Changing copyright laws in the UK could strike a blow to investment in literature, a report has found.
PricewaterhouseCoopers LLP (PwC) has produced the document for the Copyright Licensing Agency (CLA), which reveals that out of £4.3billion invested in new content in the UK, £1.6 billion was pumped into arts and literature alone. The statistics cover the year 2007.
The research also found that around 770,000 “original content creators”—from authors and artists to software developers—would be affected by any changes made to the UK copyright system. …read more