A PYMNTS Company

Copyright collecting and services groups’ operational agreement authorized by ACCC

By  |  April 6, 2012

The Australian Competition and Consumer Commission has proposed to authorize a service agreement between Viscopy and Copyright Agency for a five-year term. The two parties are not-for-profit copyright collecting groups for visual artists and art licensees. Under the terms of the agreement, Copyright Agency will manage and administer the day-to-day operations of Viscopy’s business. ACCC Chairman Rod Sims views the agreement as having the effect of “significant cost savings to artists and licensees, and operational efficiencies for the administration of copyright licensing.” The agreement will be authorized not only for its benefits, but also because Viscopy and Copyright Agency are not competitors: Viscopy members tend to be fine artists, photographers and cartoonists, while members of Copyright Agency are authors, journalists, and publishers.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full content: ACCC Press Release

     

    Related content: The European Commission’s Reexamination of the SonyBMG Merger: A Precedent-Setting Attempt to Jump the Fence (Ben Van Rompuy & Caroline Pauwels, Institute for European Studies)