On Tuesday, the Office of the US Trade Representative (USTR) issued a warning on X, naming Spotify, Accenture, Amadeus, Mistral, Publicis, and DHL among nine firms suddenly yanked into the middle of the US-EU tech fight. “The European Union and certain EU Member States have persisted in a continuing course of discriminatory and harassing lawsuits, taxes, fines, and directives against US service providers,” USTR’s post said.
Source: Bursting AI bubble may be EU’s “secret weapon” in clash with Trump, expert says
PRS paid out GBP £274.9 million (USD $367.6 million) at the current exchange rate) to songwriters, composers and music publishers in December, a 4% increase over the same period a year earlier. In all, 51,500 PRS members will receive a payment this quarter, among them 400 songwriters and composers who will receive royalties for the first time.
IP acquisition is only the first step – one quickly followed by potentially overwhelming blocking and tackling. A typical catalog requires ingesting data from hundreds of platforms and sources spanning DSPs, sub-publishers, CMOs, and social media platforms, often in conflicting formats. And that’s just a working list of initial considerations to properly collect associated IP revenues, with downstream payouts and revenue splits another major area of concern.
Ninety-five per cent of the more than 10,000 people who had their say over how music, novels, films and other works should be protected from copyright infringements by tech companies called for copyright to be strengthened and a requirement for licensing in all cases or no change to copyright law. By contrast, only 3% of people backed the government’s initial preferred tech company-friendly option.
A federal judge on Monday advanced a trio of copyright claims brought by digital publisher Ziff Davis against ChatGPT maker OpenAI, while the artificial intelligence firm won dismissal of several others. Ziff Davis, a global digital media company whose portfolio includes leading brands in technology, shopping, gaming and entertainment, accuses OpenAI of scraping its online content without authorization to train the artificial intelligence chatbot’s language technology.