Copyright

The economics of copying

A copy machine printing money.
Illustration: Sarah Grillo/Axios

When an item is copied, the original tends to lose value — except when it doesn't.

Driving the news: The biggest fight in the music industry this week is undoubtedly Taylor Swift vs. Scooter Braun, the manager of longtime Swift foe Kanye West. Braun bought Big Machine, Swift's former record label, for what is said to be over $300 million, much to the megastar's displeasure.

Courts won't block EU copyright law anytime soon

Protesters in Europe carry signs opposing EU copyright rules
Protestors took to the street in Frankfurt, Germany, on March 23. Photo: Michael Debets/Pacific Press/LightRocket via Getty Images

As a controversial EU copyright directive nears its final passage, opponents are already hoping the European courts will thwart it. Don't hold your breath, say experts.

Why it matters: Last week we covered how the copyright directive has the potential to fundamentally change how European citizens use the web and what services companies like Google can offer them. The directive has already passed the European Parliament and is likely to next win approval from the EU Council. Once that happens, it will take years for the courts to respond.