European Union copyright changes end Value Gap: “It will have a ripple effect worldwide”
Copyright changes in the European Union has implied a triumph for record labels, publishers, songwriters and artists in the 27 EU countries– and could spark moves to more intellectual property changes in different regions including Australia.
The fundamental change is that services that depend on user-generated content (USG) like YouTube now need to concede to “fair remuneration” license deals with rights holders and makes them legitimately at risk for facilitating unlicensed content.
Adequately this closures the sheltered harbor resistance that copyright offices in different nations, including Australia, have battled against.
It at last implies that makers will be paid legitimately for their work and now get clout and transparency when they do licensing and commercial deals w...