(Worthy News) – The European Parliament on Tuesday voted to approve a controversial new copyright law that hands more power to news publishers and record companies.
The deal brings measures that would make platforms such as YouTube and Facebook liable for copyrighted material on their sites one step closer to conclusion.
What is the reform?
The draft law, which passed with 348 votes in favor, 274 against and 36 abstentions, means:
- Social media platforms would have to ensure uploaded content is not in breach of copyright rules.
Companies will need licensing agreements with rights holders such as musicians, performers and authors to use their content. - The likes of Google News would have to pay publishers for press snippets shown in search results.
Non-profits and encyclopedias such as Wikipedia will still be able to use data for research and educational purposes. - Fledgling companies with an annual turnover below €10 million ($11.3 million) are exempt.
[ Source: Deutche Welle (Read More…) ]
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