Money

The top court fight Youtube has finally won

Published

3 years ago

June 22, 2021

Youtube has won a top court fight in the EU.

Europe’s top court has confirmed that Google-owned Youtube as well as other tech companies are not liable for copyright-infringing works uploaded by users onto their platforms under certain conditions.

The case marks the latest development in a long-running battle between Europe’s $1 trillion creative industry and online platforms.

“As currently stands, operators of online platforms do not, in principle, themselves make a communication to the public of copyright-protected content illegally posted online by users of those platforms,”
the EU Court of Justice said.

YouTube found itself in hot water following a lawsuit filed against them by music producer Frank Peterson.

Peterson had sued the company and Google in Germany over the uploading to YouTube by users in 2008 of several clips to which he holds the rights to.

EU Top Court: Youtube Not Liable For User Copyright Breaches Under Certain Conditions
— First Squawk (@FirstSquawk) June 22, 2021

In a second case, publishing group Elsevier took legal action against file-hosting service Cyando in Germany after its users uploaded several Elsevier works on its platform Uploaded in 2013 without its approval.

The German court subsequently sought advice from the EU Court of Justice, which ruled on both cases on Tuesday.

Money

Warner Brothers & Discovery considers splitting up to boost stock value

Published

1 week ago

July 19, 2024

ticker NEWS

Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

Money

Investors worldwide grow increasingly optimistic about Trump winning the election

Published

1 week ago

July 18, 2024

ticker NEWS

Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

Money

Netflix expands use of ads despite slow subscriber growth

Published

1 week ago

July 18, 2024

ticker NEWS

Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.