On September 12th, the Council of the European Union adopted a directive which extends copyright protection on music recordings, for performers and phonogram producers, from 50 to 70 years. All 27 EU countries must incorporate the new provisions into national law within two years.
The extension is motivated by the intention to acknowledge the creative and artistic contribution of performers by granting them a protection for their entire life, since 50 years does not always cover their performance until the end of their lifetime. In addition, this decision brings the EU copyright regulation closer to the one provided in the US where the protection for music recordings runs for up to 95 years.
This directive modifies directive 2006/116/EC ‘on the term of protection of copyright and certain related rights’ and follows an agreement with the European Parliament at first reading.
You can read the directive text here
You can find the text of directive 2006/116/EC here
Source: Council of the European Union http://www.consilium.europa.eu/