On 16 June 2015, the EU Commission conditionally approved the proposed joint venture between music collective management organisations PRS for music Limited (“PRSfm”) of the UK, Föreningen Svenska Tonsättares Internationella musikbyrå u.p.a. (“STIm”) of Sweden, and Gesellschaft für musikalische Aufführungs- und mechanische Vervielfälti- gungsrechte (“GEmA”) of Germany. The joint venture will provide multi-territorial online music licenses for users and related copyright administration services to rightholders and other collecting societies. Collective management organisations (“Cmos”) represent the combined copyrights of
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The EU Commission conditionally approves online rights licensing and administration joint venture between collective management organizations (PRSfM / STIM / GEMA)
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