Category Finance

Recording Industry Sees New “Buzz” From Digital Revenues

The major recording industry association has released its annual report for 2012, announcing a 9 per cent increase in revenues from digital sales of music, with licensed music services on the rise. It also said it benefits most in countries where internet service providers have worked to drive down use of unauthorised music download sites.

European Commission Seeks Comments On Licensing For Tech Transfer

The European Commission announced today that it is inviting comments on a proposal for new competition rules for the assessment of technology transfer agreements. Under the rules, a licensor permits a licensee to exploit patents, know-how or software for the production of goods and services, it said.

President Obama Calls For Dramatic Increase In R&D, Major Trade Deals

In the annual state of the union speech, newly re-elected US President Obama outlined numerous initiatives aimed at strengthening the United States inwardly, but he also kept his eye on international competitiveness. For instance, he called for a massive increase in research and development, as well as a focus on education and skills, manufacturing, science and innovation, and international trade agreements with Asia and Europe.

Letter Shows US Pressure On Global Fund For Compulsory Licensing, Generics

A 2011 letter from the top Republican on the United States Senate Finance Committee condemned efforts by the Global Fund to train public health officials on the use of flexibilities to the patent system contained in international trade rules. The letter, which also attacked the purchase of generic medicines over brand-name drugs, came just months before the US helped remove the head of the Global Fund, ultimately replacing him with an American official.

Mediator’s Report On EU Copyright Levies Recommends Major Changes

Copies made by end-users for private purposes in the context of a service previously licensed by copyright holders don't cause harm that should be subject to private copying levies on reproduction devices such as MP3 players, blank DVDs and photocopiers, a European Commission-appointed mediator said in recommendations published on 31 January. António Vitorino suggested major changes to Europe's copy levy system to align it with the digital world, but said at a press briefing that “there is still some way to go” to bring stakeholder positions together.