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Wednesday, January 09, 2008

EU ready for single online market

European Commission (EC), at the weekend announced its readiness to make proposals by mid-2008 targeted at creating a single European market in the growing sector of online music, films, and games, reports Reuters.

The Commission was also reported, as expecting the EU market for online content to quadruple from EUR 1.8bn in 2005 to EUR 8.3bn in the next two years and identified four main areas that needed to be addressed.

These four key areas include the reluctance of some owners of creative content to make it available for online distribution, for reasons such as concerns over illegal downloads and online piracy and the lack of multi-territory copyright licenses allowing the use of content in several or all EU member states.

In addition, EU is worried over the interoperability of so-called digital rights management systems (DRMs), the technologies that allow the management of content rights and the fair remuneration of creators, as well as the piracy of content.

An EU executive was quoted as saying that proposed plan to launch codes of conduct between access and service providers, rights holders and consumers to ensure the widespread offer of content online and adequate protection of copyrighted works, is gaining momentum across its domain.

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