IIPA Welcomes USTR Attention on Major Copyright Markets in the 2023 Special 301 Report

Creative Industries in 29 Overseas Markets Washington — The International Intellectual Property Alliance® (IIPA®) congratulates the Office of the United States Trade Representative (USTR) on the release today of the 2023 Special 301 Report. [...] The Report also notes the importance of freedom of contract for the transfers of exclusive rights, which allows copyright owners “to freely and separately transfer their economic rights by contract and to fully enjoy the benefits derived from those rights,” a critical factor for the healthy growth of a dynamic digital marketplace. [...] According to the 2022 Report, the “core” copyright industries in the United States generated over $1.8 trillion of economic output in 2021, accounting for 7.76% of the entire economy, and employed approximately 9.6 million workers in 2021, accounting for 4.88% of the entire U. [...] In addition, according to the 2022 Report, the core copyright industries outpaced the U. [...] Additionally, the 2022 Report highlights the positive contribution of selected copyright sectors to the U.