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YouTube CEO Says EU's Proposed Copyright Regulation Financially Impossible (googleblog.com)
YouTube CEO Susan Wojcicki has again hit out at proposed new European Union copyright rules which she claims is impossible for a platform like YouTube to comply with, and if done so, could harm the creative industries. Wojcicki said the European Parliament's vote in favor of an overhaul to copyright law two months ago is "unrealistic" because owners often disagree on who owns the rights to online material. In a blog post, she wrote: Take the global music hit "Despacito." This video contains multiple copyrights, ranging from sound recording to publishing rights. Although YouTube has agreements with multiple entities to license and pay for the video, some of the rights holders remain unknown. That uncertainty means we might have to block videos like this to avoid liability under article 13. Multiply that risk with the scale of YouTube, where more than 400 hours of video are uploaded every minute, and the potential liabilities could be so large that no company could take on such a financial risk.
The consequences of article 13 go beyond financial losses. EU residents are at risk of being cut off from videos that, in just the last month, they viewed more than 90bn times. Those videos come from around the world, including more than 35m EU channels, and they include language classes and science tutorials as well as music videos. We welcome the chance to work with policymakers and the industry to develop a solution within article 13 that protects rights holders while also allowing the creative economy to thrive. This could include more comprehensive licensing agreements, collaboration with rights holders to identify who owns what, and smart rights management technology, similar to Content ID.
The consequences of article 13 go beyond financial losses. EU residents are at risk of being cut off from videos that, in just the last month, they viewed more than 90bn times. Those videos come from around the world, including more than 35m EU channels, and they include language classes and science tutorials as well as music videos. We welcome the chance to work with policymakers and the industry to develop a solution within article 13 that protects rights holders while also allowing the creative economy to thrive. This could include more comprehensive licensing agreements, collaboration with rights holders to identify who owns what, and smart rights management technology, similar to Content ID.
YouTube can just block all of the EU and watch the hilarity.
Only the State obtains its revenue by coercion. - Murray Rothbard
Or youtube can stop stealing everyone's music, streaming it for free, and making all of the copyright infringement profit for themselves.
For some reason youtube is the only company that can outright steal everyone's stuff, and sell it all for their own profit.
If I did that at the swap meet with burned CD's I'd go to jail.
YouTube (Alphabet/Google, actually; stop kidding yourselves) — and the rest of the Valley monsters — have demonstrated that they are entirely capable of precisely moderating the content they host. They do so every day as their finely honed wrongthink detectors isolate every case of "offensive" content. So the argument that this EU requirement is some insurmountable burden is farcical. Unlike the deplorables they enthusiastically hunt down 24/7 with no complaint whatsoever about the financial feasibility, they are simply uninterested in enforcing EU copyright laws.
Well too fucking bad. You people made yourselves the universal go-to moderators in your crusade to safe space the Internet. Content owners won't let you pretend you're not capable of applying the same facilities in service of protecting their IP.
And this aggressive push for extreme IP polices coming from the EU should be no surprise to anyone. Consolidating power in Brussels could only amplify this rent seeking behavior. People heard the warnings of exactly this and pretended otherwise because damn all knuckle-draggers that don't want a giant all-caring all-providing European super government.
Well, here you go motherfuckers. Enjoy.
Maw! Fire up the karma burner!
We will gladly honor your right to be forgotten.
Yes you will. And you will bend over backwards to keep content coming our way while doing so. Just like companies bend over backwards to appease Chinese censors. Some markets are too big to ignore, and as often is with empty threats, those markets are usually worth far more than the cost of compliance despite the ensuing bitching and moaning.