The music industry is celebrating the prospect of a significant increase in streaming revenue, following the European Parliament vote on the Copyright Directive.
After three years of internal EU negotiations and scrutiny, followed by a flurry of intense lobbying, the legislation was passed without amendments last week.
Describing it as a “momentous day” for the industry, PRS For Music CEO Robert Ashcroft said the measures within Article 13 would create a “level playing field” for streaming services.
“Consumers and creators ...
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