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| Hearsay: |
This has something to do with copyright, but there are big numbers in it and my head gets all swimmy and kooky, so I’ll let you figure it out.
Most visibly now, the agency is helping to shape the landscape of literature and journalism through its cultural fund.
With digital copying gradually being corralled along with photocopying, the agency’s revenues have grown from $72 million in 2003-04 to $86 million in 2004-05 and more than $100 million in the past financial year. This will be distributed in roughly 5000 payments to its members, minus running costs of 14 per cent.
Wha?
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July 28th, 2006 at 9:12 am
They’re basically the Aussie Access Copyright. A Reproductive Rights Organization using 1% of their revenue to give out grants is a pretty cool idea, though the Aussies have three times the annual revenue and much lower overhead than Access Copyright. Even still, if Access Copyright did something similar, they’d have something in the neighbourhood of $300,000 to dish out.