Dealing in digital rights: will the Copyright Hub show the way forward?

By Mark Owen

Copyright has been a favourite punch bag of politicians, users and platforms ever since the internet first became mainstream, widely blamed for not being adapted to the new environment.

The process of clarifying how copyright applies to digital services has been a tortuous one but court decisions and legislative tweaks have increasingly removed areas of doubt. Two significant tasks remain, however. The first is deciding whether the copyright regime we now have is actually the one the world needs: a perhaps impossible task but one the EU has bravely taken the first steps towards with its copyright consultation. The second is optimising the systems and mechanisms through which rights in copyright works are traded, and that is where the UK’s Copyright Hub comes in.

The Copyright Hub was perhaps the one big idea that came out of the lengthy Hargreaves Review into UK copyright. Prof Hargreaves saw an answer to the dilemma of working out who owned a copyright work and how to get a licence from them in a digital copyright exchange, an idea the government later described as being akin to the Amazon marketplace. He also identified transaction costs as a hurdle to be overcome. Many uses of content would justify only very small licence fees and as soon as there was any human intervention in the licensing process the cost would become too great. But there was no system for agreeing and paying these. An exchange would ‘make it easier for rights owners, small and large, to sell licences in their work and for others to buy them. It will make market transactions faster, more automated and cheaper. The result will be a UK market in digital copyright that is better informed and more readily capable of resolving disputes without costly litigation’…

Click on the link below to read the rest of the Taylor Wessing briefing.

Sign in or Register to continue reading this article

Sign in

Register

It's quick, easy and free!

It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.

Register now

Why register to The Lawyer

 

Industry insight

In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.

 

Market intelligence

Identify the major players and business opportunities within a particular region through our series of free, special reports.

 

Email newsletters

Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.

More relevant to you

To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.

Briefings from Taylor Wessing

View more briefings from Taylor Wessing

Analysis from The Lawyer

  • merger deal

    Corporate crunch time: who will triumph at The Lawyer Awards 2014?

    As the equity capital markets rocketed back into favour and global M&A saw at least a partial return to form, there have been some rich pickings for The Lawyer’s Corporate Team of the Year award shortlisted firms in 2014. 

  • singapore orchid

    Singapore: Cash course

    The city-state is working hard to become a global wealth management hub, and law firms are gearing up for a prosperous new world

View more analysis from The Lawyer

Overview

5 New Street Square
London
EC4A 3TW
UK
http://www.taylorwessing.com

Turnover (£m): 241.20
No. of lawyers: 860 (UK 200)
Jurisdiction: UK
No. of offices: 4
No. of qualified lawyers: 67 (International 50)

Jobs