EU drafts bill to speed up music royalty payments

The European Commission is scheduled to present the bill today. Reuters reports that EU regulations blame poor financial management of collecting societies' revenues - among other problems - for weakened copyright within the EU.

This, in turn, has helped "make Europe prime ground for websites offering pirated music," says the news organisation.

The draft law would give collecting societies 12 months after the financial year in which a track was played to pay rights holders. That's about half the time ...

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