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EU copyright levies reform needed to reflect digital economy, industry group says

( November 14, 2024, 13:19 GMT | Official Statement) -- MLex Summary: The EU's current copyright levy framework imposes unfair costs on consumers and creates cross-border trade barriers and administrative burdens, according to DigitalEurope, a Brussels-based industry association for digital innovation. It suggests alternatives such as a state-funded approach such as Finland’s, a direct licensing model exploiting blockchain, household-based contributions or a fee on cultural content at the point of sale. "The way people enjoy copyrighted content has dramatically shifted, rendering the levy system outdated," the report says.See report attached....

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