Supreme Court sides with Prince estate in Warhol copyright case

The Supreme Court ruled that Andy Warhol's silkscreen prints of Prince infringed on the copyright held by photographer Lynn Goldsmith. The court ruled 7-2 that Warhol's images did not constitute "fair use" under copyright law, a decision that will have considerable impact on various creative industries. The ruling is beneficial to people who own copyrighted content upon which other works are based, and could have a negative impact upon entities that make new works based on existing material.