Who wins and who loses in the EC's plan to fix the value gap?

But the most significant proposal for the music business was the EC’s attempt to address the issue that’s become known as “the value gap”.

That’s caused by the safe harbour provisions that allow YouTube and other user-generated content platforms to host unlicensed content without being liable for the infringement.

The music biz has claimed consistently that this hands a commercial advantage to such platforms over the fully-licensed likes of Spotify, which also pay rights-holders better rates.

The platforms deny this.
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