Hollywood studios, football leagues urge EU rethink on copyright

By Julia Fioretti BRUSSELS (Reuters) - The heads of some of the biggest Hollywood studios, commercial broadcasters and European football leagues have urged the European Union to reconsider a planned copyright overhaul they fear will lead to lower investment in films and TV shows. In a letter to the presidents of the European Commission, European Council and European Parliament, they warn that the EU's plans to help make more films and TV shows available online across borders will have "severe negative impacts on our industry and incentives to invest, which would stunt economic growth and innovation for years to come." The Commission, the EU executive, wants to make it easier for broadcasters like the BBC and Canal Plus to show their content online across the 28-nation bloc by allowing them to clear the rights solely in their home country.

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