Google, FB to pay creators under new EU copyright rules

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 EU copyright rules: Under New European copyright rules, the Online Platforms including Google, FB are also required to compensate publishers and creators for the content that appears on their websites. The rules that could shrink access to online media in Europe.

New Rules mean Music Producers and publishers could come gunning for more money from Alphabet Inc.’s Google and Facebook Inc to compensate for the display of their songs, video, and new articles. If artists and music producers refuse to grant platforms licenses, tech firms will be required to block or remove uploads.

As part of the new rules, the EU is requiring tech firms like Google, FB to negotiate licenses for songs or video clips before publishing user uploads of content that incorporates them and remove or block material that lacks appropriate permissions.

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Julia Reda, a member of the European Parliament said that “This EU copyright rules law will fundamentally change the internet as we know”. The bloc also agreed to grant publishers new legal rights to help them seek competition for all online services that display snippets of their articles.

Rules create new liabilities for tech firms, chipping away at previous protections that absolved them of legal responsibility for what users post on their sites. The agreement on copyrights still needs to be rubber-stamped by the European Parliament and the bloc member states which is a formality.

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