Section 203 of the Copyright Act gives authors a 5-year window to reclaim the rights to their works by terminating transfers or licenses they executed in or after 1978, starting 35 years after they granted the licenses. These reclamation rights give the author a second bite at the apple: a chance to take his/her masters back, reevaluate how much they're really worth, and then decide whether to market them herself or negotiate again with a record label or other distributor.
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official listing on sxsw.comhttp://schedule.sxsw.com/2014/events/event_MP23514