"Today's vote in the European Parliament gives the definitive green light to the new copyright directive. This assembly has demonstrated its commitment to protecting and enhancing Europe's invaluable cultural and creative heritage. Our Union, the world’s largest digital market, will now benefit from modern and fair copyright protection rules.
“The cultural and creative industries are among the most dynamic sectors in the European economy underpinning 9% of GDP and 12 million jobs. Without adequate rules protecting European content and ensuring adequate remuneration for its use online, many of these jobs would be put at risk, as would be the case in related sectors.
“Parliament has chosen to put an end to the existing digital Wild West by establishing modern rules that are in step with technological development. They will provide effective protection for authors, journalists, designers and all European artists, from musicians to playwrights, writers and stylists.
“Up until now, web giants have been able to benefit from content created in Europe by paying derisory taxes, transferring huge profits to the US or China. This directive restores fairness and clarity by subjecting web giants to rules similar to those that all other market players are subjected to. We have given copyright holders the tools to conclude agreements with digital platforms so that they can harvest the fruits of what they have created. We have also guaranteed greater transparency and an appropriate dispute resolution mechanism.
“Ensuring that journalists are fairly compensated for their work is a priority for Parliament. This reform ensures genuine press freedom while offsetting the growing fake news phenomenon, while safeguarding media quality and independence that are essential in a robust democracy.
“Freedom and responsibility must always go hand in hand. We have adopted a balanced reform that does not filter uploaded content and provides clear derogations to protect start-ups, micro and small enterprises. Wikipedia, memes and satire are not restricted in any way. On the other hand, large digital platforms will hold more responsibility for content that violates copyright and will have to do their share to ensure compliance.”
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