Reuters: A Supreme Court Upholds Copyright Law Extension.

Jack Valenti, president and chief executive officer of the Motion Picture Association of America, representing Hollywood’s biggest studios, said he was pleased the court reaffirmed “the absolute authority of Congress to set copyright terms.”

“This ruling is a victory not solely for rights holders, but also for consumers everywhere,” he said in a statement, adding that the aim of the copyright was to provide incentive to create and preserve creative works.

So, let me get this straight. By perpetuating copyright, you will create an incentive for artists to create more? I would think it would be the opposite, since the first successful idea that made millions for an artist (but more likely, a corporation) would enable them to sit on their hands while they rake in the cash.