The latest press release from CCIA references a study on the positive economic impact of Fair Use and other exceptions to copyright.
According to the study commissioned by the Computer and Communications Industry Association (CCIA) and conducted in accordance with a World Intellectual Property Organization methodology, companies benefiting from limitations on copyright-holders’ exclusive rights, such as “fair use” – generate substantial revenue, employ millions of workers, and, in 2006, represented one-sixth of total U.S. GDP.
A Hollywood Reporter article by Brooks Boliek discusses the issue further.
As always, the Copyright Alliance that represents the legacy content industry associations missed the point. Without restrictions on the exclusive rights of past creativity and innovation, there can be no new creativity or innovation. Most forms of "Fair Use" and the less useful "Fair Dealings" (Canada) are there to protect the necessary right of new creators to create by building on the past.