Blow to Google, Facebook as EU approves tougher copyright rules
Under new copyright rules aimed at ensuring fair compensation for the European Union`s $1 trillion creative industries, which employ 11.7 million people in the bloc, Google will have to pay publishers for news snippets and Facebook filter out protected content. EU governments on Monday backed the move launched by the European Commission two years ago to protect Europe`s creative industries, according to a Reuters report.
Wikipedia blacked out several European sites in protest last month, while the change was opposed by Finland, Italy, Luxembourg, the Netherlands, Poland and Sweden. But 19 countries, including France and Germany, endorsed the revamp, while Belgium, Estonia and Slovenia abstained. Image source: Reuters
The European Magazine Media Association, the European Newspaper Publishers’ Association, the European Publishers Council, News Media Europe and independent music labels lobbying group Impala welcomed the move. EU countries have two years to transpose the copyright directive into national laws. Image source: Reuters