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/C O R R E C T I O N from Source -- Music Canada/

In the news release, Music Canada statement on the release of the Standing Committee on Industry, Science and Technology Report, issued 04-Jun-2019 by Music Canada over PR Newswire, we are advised by the company that "CHOSE NOT TO" should be decapitalized in the fourth paragraph. The complete, corrected release follows:

Music Canada statement on the release of the Standing Committee on Industry, Science and Technology Report

TORONTO, June 4, 2019 /CNW/ - Yesterday, the Standing Committee on Industry, Science and Technology tabled its report, entitled Statutory Review of the Copyright Act, which now concludes the review of the Copyright Act undertaken by that Committee and the Standing Committee on Canadian Heritage.

Music Canada (CNW Group/Music Canada)

Yesterday's report from the Industry Committee includes important recommendations to narrow the radio royalty exemption, review safe harbour provisions, extend the term of copyright for musical works and review the private copying regime.

These recommendations, together with the recommendations made in the report from the Heritage Committee on artist and creative sector remuneration, have set the stage for legislative change which will help restore Canada's middle class of artists and close the Value Gap for the broader cultural industries.

"It is unfortunate that the Industry Committee chose not to take into account the May 15th report from the Heritage Committee or the testimony from creators that contributed to the Heritage Report," says Music Canada President and CEO Graham Henderson."If they had, they would have found the Heritage Committee's Shifting Paradigms report provides clear answers to their outstanding questions."

"We look forward to working with the Government to reform the Copyright Act as soon as possible to ensure the framework allows creators to be fairly remunerated for their work when it's commercialized by others."

About Music Canada

Music Canada is a non-profit trade organization that represents the major record companies in Canada:  Sony Music Entertainment Canada, Universal Music Canada and Warner Music Canada. Music Canada also works with some of the leading independent record labels and distributors, recording studios, live music venues, concert promoters, managers and artists in the promotion and development of the music cluster.

SOURCE Music Canada

News published on 4 june 2019 at 17:47 and distributed by: