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EU lawmakers are abandoning the idea of trying to force internet giants such as Google and Facebook to share their revenues with media and other content creators whose they aggregate and use the products in other ways. The original initiative aimed to push such changes through a severe copyright reform that would change the way content rights are defined and protected, but met with fierce opposition on the part of the author. media themselves and some independent advocacy groups. the legal changes would go as far as prohibiting the same.
Digital companies have been aggressively pressuring legislation, with the European Parliament voting Thursday against such a tough stance on copyright. The law proposal was initially suggested by the European Commission and eventually garnered some support among a number of EU legislative panels, although it eventually failed its first real test on the way of promulgation. The European Parliament should now revise the draft copyright law and make it less aggressive in time for a new vote to be held in September.
The dominant political bloc on the Old Continent is still determined to rework the author's copyright framework that is generally considered obsolete, having been reworked at the turn of the century, before the Internet 2.0 revolution began, causing the Emerging aggregators of content such as Digg and Reddit, as well as social media giants like Facebook and Twitter. The EU wants its new legislation to protect the rights of content creators and internet users in a fair and transparent way, but with its difficult proposal now rejected, it is still unclear what these regulations will actually involve. Silicon Valley lobbyists have already argued that the original version allowed for censorship, pushing strongly against the notion that Facebook, Google and similar companies should pay creators for shared content on their platforms, thereby boosting the commitment of users. 19659004]
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