Alerts in the last 24 hours

No Personalised Alerts!

To see personalised alerts you need to be logged in.

Log In

EU countries back copyright reform targeting Google, Facebook

BRUSSELS (Reuters) - The European Union's bid to overhaul its two-decade old copyright rules cleared its final hurdle on Monday as EU governments backed the move forcing Google to pay publishers for news snippets and Facebook to filter out protected content. The European Parliament gave its green light last month to a proposal that has pitted Europe's creative industry against tech companies, internet activists and consumer groups, triggering intense lobbying from both sides. The European Commission kicked off the debate two years ago, saying the rules needed to be revised to protect the bloc's creative industries which is worth 915 billion euros ($1 trillion) and employs 11.65 million people. Under the new rules, Google and other online platforms will have to sign licensing agreements with musicians, performers, authors, news publishers and journalists to use their work online.

First found on: finance.yahoo.com And then on: 6 other references