IFPI

IFPI has today released its inaugural Music in the EU report, its first-ever report on recorded music in the European Union. Download the full report https://lnkd.in/eyzXnsEc #MusicInTheEU

“AI is already present and is part of today's music. We've seen record labels embrace the opportunities… but it must be governed, and copyright must be protected. What fans want and what they identify with is human creativity at the heart of music." This week, IFPI CEO Victoria Oakley (née Dean) joined Marta Cagnola for a fireside chat at Milan Music Week, setting out her vision for the future of music and the role that IFPI can play in ensuring its prosperity, including in the face of AI. Read more from Vikki on the role of AI in today’s industry and the importance of the EU’s AI Act in Il Sole 24 Ore - https://lnkd.in/ewAXvD_v

This morning, IFPI’s Director of Global Policy Abbas Lightwalla joined a panel discussion hosted by Mozilla and Open Future Foundation in Brussels to discuss some of the key questions around training “data” transparency and the meaningful application of the EU’s AI Act, including the Code of Practice. Thanks to Sergey Lagodinsky MEP for his keynote speech, fellow panellists Sabrina Küspert, Ania Helseth, Maximilian Gahntz, and moderator Zuzanna Warso. Read more about IFPI’s position on transparency and the responsible use of AI in music in the #MusicInTheEU Report. https://lnkd.in/eyzXnsEc 

Last week, I had the privilege of joining a panel to discuss royalty payments, a cornerstone of value for artists in the music industry. Music is a product of artistic creation that carries not only creative significance but also substantial economic value. This economic value must be safeguarded through intellectual property ownership, regulated by licensing frameworks under copyright laws for the product ( 🎶) to maintain its creative significance. Equally important is the role of collective management organizations (CMOs), that facilitate the administration and enforcement of these rights and ensure that artists receive fair compensation for the use of their work … Thank you International Music Summit Roberta Hickey Beatport for the opportunity to be part of an important conversation and for throwing a great party all at once 🎶💃 Believe @AFEM SACEM IFPI PopArabia Finlay Johnson

IFPI held its Global Performing Rights Committee (PRC) in London this week, attended by music licensing companies (MLCs) and record companies from over 40 different countries around the world. Attendees gathered to share knowledge and insights on key technology updates and performance rights licensing which is a growing sector in recorded music, worth US$2.7 billion in 2023.

📝Today, we join a coalition of IPR organisations from the copyright, patent, and trademark sectors, calling on EU policymakers to strengthen intellectual property rights. Effective IPR policies are essential for fostering innovation and economic growth, ensuring that #MusicInTheEU and Europe’s creative industries can thrive. #IP4innovation https://lnkd.in/eB94EiyK

IFPI held its Asia-Pacific Regional Executive Board meeting, Regional Board meeting and Music Licensing Companies meeting in Bangkok last week. We were honoured to have Mr. Napintorn Srisunpang, Thailand’s Deputy Minister of Commerce, open IFPI’s series of meetings. In his opening remarks at the event, the Deputy Minister highlighted the potential for music to further boost the national economy and the exciting opportunities for Thai artists on the global stage. He emphasised the importance of strong IP protection in underpinning a successful music market. Meeting with senior record label representatives at the event, he expressed the Thai government’s commitment to work with labels to grow and develop the Thai music industry and opportunities for local artists.

We are delighted and grateful that so many Katfriends from all over the world attend yesterday's IPKat webinar "Image rights in the age of AI: Less is more or more is better?"! Special thanks to our stellar panellists: ✨ Richard Arnold, Lord Justice of Appeal (Court of Appeal of England and Wales) ✨ Philipp von Kapff, Member of the Boards of Appeal (EUIPO - European Union Intellectual Property Office) ✨ Abbas Lightwalla, Director of Global Legal Policy (IFPI) ✨ Shira Perlmutter, Register of Copyrights and Director (U.S. Copyright Office) Chaired by our Kats Eleonora Rosati and Antonios Baris

🎶 We are joining a coalition of European creators and rightholders calling for a meaningful implementation of the #AIAct. The EU's music sector embraces AI’s potential to empower creativity while preserving artistic integrity. To safeguard this, AI developers must adhere to transparent and responsible practices that respect copyright and prevent deepfakes or unauthorised clones. By enforcing the standards in the AI Act, Europe can support a sustainable and responsible AI landscape where innovation and human artistry thrive. #MusicInTheEU https://bit.ly/4hn7ngV

We look forward to the upcoming hearings in the European Parliament for the Commissioner-designates Henna Virkkunen, Stéphane Séjourné, Glenn Micallef and Maroš Šefčovič. From digital policy and intellectual property enforcement to cultural development and global trade, we are keen to follow the discussions on the direction of Europe’s future policies.   Henna Virkkunen, as Executive Vice-President for Tech Sovereignty, Security, and Democracy, will lead the critical work of implementing and enforcing Europe’s digital policies. She is set to guarantee that Europe meaningfully applies and ensures proper adherence to the AI Act with respect to transparency and compliance with EU copyright laws.   Stéphane Séjourné, Executive Vice-President for Prosperity and Industrial Strategy, will prioritise enforcement across the internal market. He will focus on reinforcing IP protection and ensuring that the existing EU rules are implemented correctly and applied consistently across Member States, thereby securing strong and effective protections for those investing in and creating music in Europe.   Glenn Micallef, Commissioner for Intergenerational Fairness, Youth, Culture, and Sport, will play an important role in shaping Europe’s cultural landscape. We look forward to future collaboration in ensuring the continued development and success of Europe’s creative industries.   Maroš Šefčovič, Commissioner for Trade and Economic Security, will ensure that EU intellectual property standards are upheld in global trade, furthering Europe’s creative interests abroad.   We are committed to working with the new Commissioner-designates to enable #MusicInTheEU to continue to grow, compete globally and respond dynamically to emerging challenges.