It seems like “the people” are simply putting a needed speed-bump on Bono’s compensation to keep it from being unacceptably high.
He should be grateful this service is being provided to him. Otherwise I’d just consider him a charlatan, exploiting the youths and their need for music.
Actually this is merely an example of the people simply ignoring a law that has been stretched by corporate interests to a form far beyond it's original purpose and effectively extended into perpetuity.
Just about everything in this bozo's catalog should be in the public domain, as it's been more than 30 years since he's published anything worth listening to.
If copyright ever returns to sane terms, (the original term was 14 years that was renewable once for a total of 28 years), I'll start paying attention to it. Until then they can suck eggs.