May 22, 2003
Eldred Act
Discussion Draft
Proposed Title: ÒThe
Eldred ActÓ
ÒCopyright Term Deregulation ActÓ
ÒPublic Domain Enhancement ActÓ
Purpose: To
allow unused copyrighted works to enter the public domain after 50 years, while
allowing copyright owners the full protection of the established copyright
term.
Mechanism: Amends
Title 17, United States Code.
Findings: Copyright
law now grants copyright protection for published work created as early as
1923. Yet the vast majority of creative work created at that time is no longer
commercially available. Estimates by the Congressional Research Service show
that no more than 2% of the work created during the period of 1923-1942 is
commercially exploited. Other estimates confirm that the vast majority of
creative work created during the earliest period of copyright protection is no
longer commercially available.
While creators of the remaining works would likely agree to their public
use and dissemination, it is economically infeasible to track them down to
obtain their consent.
Substance generally: