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Copyright: EU Lawmakers vote to force tech giants to share more revenues

The next step is negotiations with theCommission and the 28 EU countries to reconcile their different positions before existing copyright laws are amended

Government readies 'improved' IPR policy before PM Modi's US visit
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Reuters
European Union lawmakers voted on Wednesday to force Google, Facebook and other technology firms to share more revenues with European media, publishers and other creative industries in a shake-up of copyright rules.

The European Commission, which kicked off the debate two years ago, says the overhaul is necessary to protect Europe's cultural heritage and create a level playing field between big online platforms and publishers, broadcasters and artists.

Of the lawmakers, 438 voted in favour while 226 were against, with 39 abstentions. The next step is negotiations with the
Commission and the 28 EU countries to reconcile their