Note the following inaccuracy in the BMI newsflash: At the time the CTEA was passed, only western Europe had a life+70 term of copyright. How can a copyright regime not shared by the United States, Canada, Japan, Australia, and probably heaps of other countries be the copyright term of "most" of the rest of the world ?Besides that, there is the question of whether the Europeans themselves were right to do as they did. The United States is not required to follow meekly along with every hare-brained European policy.
Strong doubts about the soundness and true motivations of the European extension are raised here, here, and here.
T.