China’s copyright authority stated on Thursday digital music platforms should not allowed to signal unique copyright agreements besides in particular circumstances, amid a regulatory crackdown on monopolistic behaviour within the nation’s non-public sector.
The National Copyright Administration of China (NCAC) gave the order on Thursday at a gathering in Beijing with influential digital music platforms, in addition to file and songwriting copyright corporations, based on a press release printed on the NCAC’s official WeChat account.
The order comes amid a widening crackdown by Chinese regulators on the nation’s know-how sector, which has centered on points akin to monopolistic behaviour, unfair competitors and shopper rights.
Last 12 months, Tencent Holdings introduced it had ended all unique music copyright agreements after it was ordered by China’s market regulator to take action. The regulator had stated the agency held greater than 80 p.c of unique music library assets which elevated its leverage over upstream copyright events and allowed it to limit new entrants.
The NCAC didn’t point out which corporations had been known as in on Thursday. Besides Tencent, smartphone maker Xiaomi, telecommunications supplier China Mobile, and Internet tech big Netease all personal well-liked streaming providers in China. Globally well-liked streaming providers like Spotify are banned in mainland China.
The NCAC stated that whereas copyright practices had improved since 2015, when the authority banned unlicensed music streaming and ordered platforms to take away tens of millions of songs, the business nonetheless wanted to be additional standardised.
“The talks emphasised that record companies, songwriting copyright companies and digital music platforms should … settle payment according to a guaranteed sum plus a share of actual usage, and should not sign exclusive copyright agreements except under special circumstances,” it stated.
© Thomson Reuters 2022
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