The Collective Rights Management Directive, agreed by the European Council, is set to simplify the licensing process, saving businesses time and money and making it easier for them to operate right across Europe.
The agreement is set to benefit a thriving UK industry which accounts for 1.6 million jobs and more than 5% of the UK economy.
“The UK has a world class music sector which supports thousands of jobs across the country,” says Minister for Intellectual Property, Lord Younger. “The very fact that we are 1 of only 2 net exporters of music in Europe underlines its importance. This deal should be seen as a positive step taken by the European Commission and I welcome this agreement. By simplifying cross-border licenses we are making sure that we continue to do all we can to support this thriving industry.”
The UK welcomes the changes, which will mean the process for licensing music across the EU will be more efficient. This should help improve access to legitimate EU-wide online music services and will also introduce minimum standards of conduct for all EU collecting societies – the bodies that license copyright and collect royalties.