Warner Music Group CEO Stephen Cooper slams safe harbour laws

Warner Music Group CEO Stephen Cooper slams safe harbour laws

Warner Music Group CEO Stephen Cooper (pictured) criticised safe harbour laws during the company's second quarter earnings call.

Cooper made a pledge to support a growing movement in the music industry which seeks to narrow the gap between consumption and monetisation of music on digital platforms.

He said that WMG had made its views known through submissions to the European Commission and the US Copyright Office.

"As you may have read, there are significant efforts being made by the entire music community to narrow the so-called “value gap," he said.

"We fully support this unified movement to clarify copyright legislation around so-called “safe harbors” in order to create the conditions necessary for the improved monetization of music. 

"It is imperative that we ensure a fairer correlation between the massive consumption of music via services built around user-uploaded content and the value generated for artists, songwriters and rightsholders."

 



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