EU starts in-depth inquiry into online music licensing venture

January 14, 2015 admin britain, instagram, mountain, music, online-joint, sets-as-seen, tonsattares, viagem, wednesday

BRUSSELS (Reuters) – The European Commission said on Wednesday it had opened an in-depth investigation into the planned creation of an online joint venture by three organizations which collect rights for music. The joint venture would be between Britain's PRS for Music Limited (PRSfM), Sweden's Foreningen Svenska Tonsattares Internationella Musikbyra (STIM) and Germany's Gesellschaft für musikalische Auffuehrungs- und mechanische Vervielfaeltigungsrechte (GEMA). ..

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EU starts in-depth inquiry into online music licensing venture