The end-result on copyright is a step back for the digital single market. It fails to strike a balance between protecting right holders and the interests of individual citizens. This is what The Netherlands, Luxembourg, Poland, Italy and Finland claim in a joint statement. They believe that the Directive in its current form is a step back for the Digital Single Market rather than a step forward.
According to the mentioned counties, the Directive does not strike the right balance between the protection of right holders and the interests of EU citizens and companies and therefore risks to hinder innovation rather than promote it.
The end-result must now be approved by Council representatives and the EP plenary. The rapporteur, Axel Voss claims that the deal is an important step towards correcting a situation which has allowed a few companies to earn huge sums of money without properly remunerating the thousands of creatives and journalists whose work they depend on. He states that the deal helps make the internet ready for the future, a space which benefits everyone, not only a powerful few.
Read the joint statement here.
Read the press release of the European Parliament including the statements of Voss here.