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Introduction

The European Commission (EC) has given its approval to a joint online music-licensing venture between the three European collection societies GEMA, PRS for Music, and STIM.

Highlights

  • In a joint statement, GEMA, PRS for Music, and STIM said the new hub will transform pan-European music licensing by enabling ease of access for digital music services to music rights as well as provide faster and more accurate payments of royalties to writers and their music publishers.

Features and Benefits

  • The research note details the EC investigation into the joint online music licensing venture between GEMA, PRS for Music, and STIM
  • The research note assesses the benefits to authors, publishers, and digital music services of the new joint licensing hub

Key questions answered

  • What does it mean that the EC has given the green light to the joint online music licensing venture between GEMA, PRS for Music, and STIM?
  • Why was an investigation launched in the first place?

Table of contents

Ovum view

  • Summary
  • Multi-repertoire licensing in Europe taking shape
  • EC concerns and collection society commitments
  • Transforming pan-European music licensing

Appendix

  • Author

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