In April 2019, the Directive on Copyright in the Digital Single Market was formally adopted, a change that will positively transform authors’ rights throughout the EU. Each member state now has until 7 June 2021 to transpose the its reforms into their respective national law.
The reforms are an opportunity to address pressing issues for authors in the Digital Single Market and will promote the growth of European creative and cultural industries (CCI) – a major driver of Europe’s economy.
One of the biggest achievements of this new piece of legislation was addressing the ‘Transfer of Value’ problem. Transfer of Value, also known as the value gap, refers to the funnelling away of value from creators and into the hands of a number of online platforms. Read more here.
The Copyright Directive was a priority issue for all European creators because it directly affects their rights and the day-to-day use of their work. While the entire directive is important, below are some of the key areas that affect creators and those who profit from their work.