European Union, U.S. Come To Terms Over Royalties
The European Union and the U.S. yesterday agreed on a temporary solution to their dispute over music that is played in small shops and other establishments in the U.S. without compensation to European copyright owners.
"We have agreed on a process that will result in
a U.S. financial contribution to support projects and activities for the benefit of European music creators," says EU Trade Commissioner Pascal Lamy, who negotiated the deal with U.S. trade representative Robert Zoellick.
Details of the sums involved were not disclosed. The agreement requires authorization by Congress.
The issue was first highlighted in 1996 by the Irish Music Rights Organisation, which was concerned by the low level of royalties sent from the U.S. to Ireland, despite the popularity of Irish music and musicians in America. That concern was taken up by the World Trade Organization, which, after an inquiry, found in favor of the European Union over the U.S.
"We have agreed on a process that will result in
Details of the sums involved were not disclosed. The agreement requires authorization by Congress.
The issue was first highlighted in 1996 by the Irish Music Rights Organisation, which was concerned by the low level of royalties sent from the U.S. to Ireland, despite the popularity of Irish music and musicians in America. That concern was taken up by the World Trade Organization, which, after an inquiry, found in favor of the European Union over the U.S.
In addition, make sure to read these articles:
- GESAC Urges U.S. to Change Copyright Law
- U.S. To Compensate Euro Biz For Missed Royalties
- Brits Want Performance Royalties
- EU says it will approve GMO imports as early as October.
- Eu Tax Ruling Levels Playing Field
- Canada backs U.S. in WTO case against EU GMO Ban; Bush administration cautious.
- Policy Journal
- Zoellick References Cotton In WTO Letter
- U.S. resists EU pressure. (News this Month: November 2002).
- Senate tightens trade remedy control. (North America).
- Trade dispute puts U.S. defense jobs at risk. (President's Perspective).
- Divisions within federal government on how to deal with EU's GMO moratorium.
- Bush administration threatens WTO case against Mexico's HFCS tax.
- U.S. Asks WTO to arbitrate fructose dispute.
- Congress Must Act Now to Stop Trade War, Says MJSA
GESAC, the European group of societies of authors and composers, has renewed its plea for the U.S. to modify its Copyright Act to compel bars, ......
The European Union and the U.S. have reached an 11th-hour "procedural agreement" in the dispute involving the non-payment of tens of millions of dollars in ......
Tony Blair and George W. Bush may have displayed signs of their unity on many issues when the latter visited Europe in February, but for ......
The European Union will likely begin approving imports of genetically modified organisms (GMOs) from the United States and other countries later this year -- effectively ......
Online retailers from outside Europe will lose their pricing edge over locally based rivals today when the European Union's new rules on value-added tax (VAT) ......
A senior Canadian trade official said January 15 that Canada shares the growing "frustration" of the United States with the European Union's de facto ban ......
Cotton Case Could Impact Other Commodities Now that the actual language of Brazil's successful World Trade Organization (WTO) case against U.S. cotton is public, it ......
Cotton was specifically mentioned in a letter sent by U.S. Trade Representative Robert Zoellick to trade ministers of World Trade Organization member countries. In the ......
United States trade representative Robert Zoellick announced that the U.S. has joined with 16 other countries in support of a voluntary system aimed at reducing ......
The US Senate has approved the `Dayton-Craig' amendment to the Trade Promotion Authority (TPA) bill, which would give congress the power to exclude revisions to ......
As the legislative season heads into the home stretch on Capitol Hill, many companies in the defense and aerospace industries will be wondering whether Congress ......
The United States continues to be "serious" about launching legal proceedings against the European Union in the World Trade Organization over its long-standing refusal to ......
The Bush administration on March 9 threatened to file a World Trade Organization (WTO) complaint against Mexico over that country's domestic tax, which has shut ......
The United States has asked the World Trade Organization (WTO) to arbitrate their dispute with Mexico over a 20% tax on soft drinks sweetened with ......
Manufacturing Jewelers and Suppliers of America (MJSA) is urging Congress to quickly repeal tax breaks for U.S. companies that have been deemed illegal subsidies by ......
Email
Digg It
del.icio.us
Related Resources
Business Resources
Sponsored Links
Site Map | Contact Us | FAQs | About Us | Media Kit | Reprints | RSS Directory | Sign Up for Free Newsletters | Disclosure Policy
Copyright © 1999 - 2008 AllBusiness.com, Inc. All rights reserved.
No part of this content or the data or information included therein may be reproduced,
republished or redistributed without the prior written consent of AllBusiness.com.
Use of this site is governed by our Copyright and Intellectual Property Policy, Terms of Use Agreement and Privacy Policy.
© Copyright 2001 Nielsen Business Media, Inc. All rights reserved.
You may not repost, republish, reproduce, package and/or redistribute the content of this page,
in whole or in part, without the written permission of the copyright holder.
Get In-Depth Company Information from Hoover's | Buy a D&B Credit Report | What is in Your Company's D&B Credit Report? | Article Archives
Online Business Database | Online Business Information | Email Marketing Lists | Sales and Marketing Solutions | Business Mailing Lists
Online Business Database | Online Business Information | Email Marketing Lists | Sales and Marketing Solutions | Business Mailing Lists
Information and opinions on AllBusiness.com solely represent the thoughts and opinions of the authors and are not endorsed by, or reflect the beliefs of,
AllBusiness.com, its parent company D&B, and its affiliates.
AllBusiness.com, its parent company D&B, and its affiliates.
