More copyright for European sound recordings will net performers a whopping $0.50/year

Glyn sez, "In response to a consultation on the European Commission's proposal to almost double the term of copyright protection on sound recordings, the Open Rights Group have responded that for the vast majority of performers the projected extra sales income resulting from term extension is likely to be meagre: from as little as 50¢ each year in the first ten years, to as "much" as €26.79 each year. That's because most of the gains (89.5%) will go to the top 20% of recording artists. Meanwhile the major labels will be dividing up millions in extra handouts every year."

Via BoingBoing