On Thu, 30 Mar 2000, Pat Sloane <patsloane[_at_]aol.com> wrote:
>
> On 3/30/2000, Jeroen Hellingman <jehe[_at_]kabelfoon.nl> wrote:
> >
> > and why then also not authors of books, and bang, another 4% percent
> > of feodal private taxes.
>
> Authors actually do get royalties on books sales. The estate of
> T. S. Eliot takes in about a million per year, and I imagine the
> Joyce estate also does well.
There is one crucial difference: they don't get money from resale of used books, because of the exhaustion of copyright (first sale doctrine) And that is what is on stake here!
> There's plenty of precedent for bequething intangible rights, as
> in leaving one's heirs a large block of General Motors stock.
They are quite different from copyrights, as they represent a share in real hardware, not in an abstract, non-physical entity. I do not want to equate those two things, as they are quite different in nature.
Jeroen Hellingman
<jehe[_at_]kabelfoon.nl>
Received on Sat Apr 01 2000 - 10:03:13 GMT
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