The European Union is seeking changes to current music licensing rules that prevent companies such as Apple with its iTunes Store from easily setting up an EU-wide online music store. If the ruling gets passed, it could force music royalty-collection societies to pass their revenue streams to their rivals if they fail to license music to online services in multiple countries. Bloomberg. reports:
Music copyright licenses are granted on a national basis in the EU so consumers can only download music from an iTunes store in their home country. The EU has sought to promote pan-European licensing for years, and the commission issued an antitrust decision in 2008 against national agencies that collect royalties on behalf of artists.