EU institutions reach agreement on new EU law on collective management of rights

After months of negotiations, yesterday evening EU institutions have reached an agreement on a compromise text for the upcoming directive on collecting societies.

The outcome of yesterday’s final negotiation will still need to be rubber-stamped by member states and the Parliament before the directive is officially adopted.

The draft text of this directive was initially proposed by the European Commission in July last year. If all goes well, it should be officially approved before the end of this Parliament’s mandate.