Daily Management Review

Facebook And Google To Pay Publishers For ‘News Snippets’ In EU Countries


02/25/2019


The EU block has just approved of changes in the copyright law which will affect the online platforms like Facebook and Google.



Last week, the countries from the EU block approved of revamping its “copyright rules”, whereby Facebook Inc. and Google will be required to pay for “news snippets” to publishers while contents on either Instagram or Youtube that are under copy-right protection will have to be filtered out.
 
The revamp received a nod from majority of the diplomats on the bloc while “Finland, Italy, Luxembourg, the Netherlands and Poland”, along with the other countries were against the same. The deal was sealed in the presence of the European Parliament, the EU countries’ negotiators as well as the European Commission. This came after two years since the bloc executive came up with change proposals for protecting the cultural heritage of the bloc. It has been an attempt to make sure that the artists, publishers as well as the broadcasters receive fair remuneration.
 
Currently, Romania is holding the European Union’s presidency that works in a rotation basis, whereby the country took to Twitter platform to revealed that the European Council had given its approval for the copyright agreement. However, the countries those opposed the changes proposed argued that this step could be a hindrance towards innovation which could cost heavily in the digital market competition.
 
According to a joint statement the countries said:
“We regret that the Directive does not strike the right balance between the protection of right holders and the interests of EU citizens and companies”.
 
This week, there is likely to be a committee voting by the lawmakers as the next process which will be followed up by “a parliamentary vote” that could take place either in the coming month or in the beginning of April for the changes to be implemented in the law. Under these upcoming changes, online platforms like Google will have to get into “licensing agreements” with the “rights holders such as musicians, performers, authors, news publishers and journalists” for being able to use their “work online”.
 
Moreover, Google owned YouTube while Facebook owned Instagram along with other such platforms will need to “install upload filters” which will prevent the users from “uploading copyrighted materials”. While Reuters reported that:
“Google, which has lobbied against both features and has even suggested that it might pull Google News from Europe, said last week it would study the text before deciding on its next steps”.
 
 
References:
reuters.com







Science & Technology

UK trials new breathing aid developed by Mercedes Formula One

Uber sues Los Angeles authorities over user data collection

Google Introduces New Coronavirus Website

WHO Warns That The Youth Are ‘Not Invincible' To The Novel Coronavirus

Chinese software company learns to recognize 95% of masked faces

World's largest retailer to use 5G for medical services

SpaceX Receives Approval To Create Research & Manufacturing Facility In Los Angeles

JPMorgan: Transition to e-money will be based on blockchain

Tesla In Advance Talks With CATL For Using Lithium Batteries

Financial giants and US government turn to quantum computers

World Politics

World & Politics

Germany allocates over €1 trillion to support economy and healthcare

Peru launches $ 8.8B assistance program for companies affected by COVID-19

Tesla Supplies Free Ventilators For Immediate Patients And Not For Storing

India Turns Train Coaches Into Isolation Wards For COVID-19 Patients

Aerospace Consortium To Build Ten Thousand Ventilator In Britain

US Ambassador To UK Holds China Responsible For Global Spread Of Coronavirus

China to lift quarantine in Wuhan on April 8

British Government Hires Former Nestle’s Executive For ‘War Room’ Food Security