European Commission Simplifies Music Licensing In EU
October 12, 2005 at 10:20 AM (PT)
Companies that want to sell music online in the EUROPEAN UNION (EU) can now get a single license to operate in all 25 member states, reports REUTERS. The EUROPEAN COMMISSION stated today in its guidelines to the recording industry that societies collecting royalty income on behalf of authors of music should henceforth have the right to operate across the EU, scrapping any territorial restrictions (such restrictions led to months-long launch delays for both iTUNES MUSIC STORE and NAPSTER in the EU).
"These licences will make it easier for new European-based online services to take off," Internal Market and Services Commissioner CHARLIE McCREEVY said in a statement.
For more on the story, click here.