Today, 26.03.2018, the European Parliament approved the controversial copyright reform with 348 votes in favor, 274 against. This brings the reform one step closer to its final adoption in the EU. What will follow is formal approval by the European ministers. In a nutshell this reform concerns:
- Social media platforms will have to keep even a closer eye on every possible copyright violation;
- Web content providers will have to sign license agreements with right holders;
- News providers will have to negotiate and get a license from publishers in order to use their news and articles;
- Non-profit organizations, including websites such as Wikipedia, are not bound to these rules;
- Startup companies with annual turnover up to 10 million dollars are excluded too.
More information can be found here.