EU Wide Music Licenses Approved
The European Commission has approved EU wide song licenses, a move sure to speed the growth of territory wide download, broadcast and music 2.0 services. Previously country by country licensing was the norm.
It’s "a blessing for us," says 7Digital’s Peter Davias. But some artists group disagree fearing EU wide licenses will lead to lower payouts. One bright spot for disgruntled acts: they can now sign with a right organization outside of their home country if they prefer.