According to a report in the Financial Times, the EU is moving closer to its goal of enabling a EU-wide music licensing system. Recent comments from France’s performing rights society Sacem, which represents some 128,000 composers, lyricists and publishers, indicate that it is willing to allow other national counterparts to license its catalogue. Sacem is one of the staunchest defenders of writers’ rights, and its acceptance of an EU-wide licence would be a major step in that direction.There are serious concerns that competition in licensing will further weaken the value of music by putting increased pressure on prices.

Read the full article in The Financial Times. For news about Sacem, visit their website (in French and English).