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Saturday, June 22, 2024
Home Entertainment Disney may lose the rights to Mickey Mouse and other of its...

Disney may lose the rights to Mickey Mouse and other of its most emblematic characters.

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There is a bill in the United States that aims to remove the copyright protection of large media conglomerates from Disney. This will take Mickey Mouse out of Disney’s protection.

Hawley, who is considered a possible presidential candidate in 2024, introduced on Tuesday. Copyright Clause Restoration Act, which restores copyright protection to a maximum of 56 years.

The law will only apply to theme parks and entertainment companies with a market capitalization of more than $150 billion. The bill contains a provision to defer its application for up to 10 years.

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Current copyright law provides companies with copyright protection for 95 years from the date of publication. The term of copyright has been extended several times, most recently in 1998 by 20 years.

Keith Kupferschmied, CEO of Copyright Alliance, said in a statement Tuesday:This law will harm the millions of ordinary Americans in fifty states who rely on copyright to make a living from the creative industries.”.

Disney’s copyright on Steamboat Willie, Mickey Mouse’s first appearance, is set to expire next year. Although there have been speculations that the company may be looking for a new expansion.

Hawley’s bill unlikely to pass, and not just because the Democrats control the Senate. The industry has secured support for its copyright lobbying on both sides of the aisle in the US House of Representatives, so there isn’t much time left.

Source: Computer Hoy

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