Google, Facebook to pay content creators as per new EU rules

Online platforms will be required to compensate publishers and creators for the content that appears on their websites, under the new European Union copyright rules that could shrink access to online media in Europe.

The new rules mean music producers and publishers could come gunning for more money from Alphabet Inc’s Google and Facebook to compensate for the display of their songs, video and news articles.

If artists and music producers refuse to grant platforms licences, tech firms will be required to remove or block uploads.