The EU copyright directive – how it will affect Internet communication?

As the preparation of the new EU copyright directive is in full swing discussions about its ramifications are widespread and related to every aspect of Internet communication. The rules that will come into force will oblige online companies such as Alphabet Inc’s Google and Facebook Inc to share revenue with the creative industries and remove copyright-protected content on YouTube or Instagram. Social media giants will have to sign licensing agreements with rights holders such as musicians, performers, authors, news publishers and journalists to use their work online and it is expected their revenues will soar. Internet companies also have to install filters to prevent users uploading copyrighted materials.