Copyright-collecting societies -- the organizations that collect royalty payments from music, movies and books and distribute them to copyright holders -- must adapt to an age of online music downloads, the European Commission said as it laid out plans to modernize the industry. In a system set up when the music world consisted of live performance and gramophone recordings, music-rights management remain tied to national boundaries, and there are worries about the accountability of certain societies to their copyright holders and to their management of the royalties, the commission said.
- Read the article: The Wall Street Journal
