News

CEPIC and a coalition of leading creative organisations across Europe are urging the EU to improve the Second Draft of the General-purpose AI Code of Practice to align with copyright laws and safeguard creators’ rights.

Getty Images Holdings, Inc. (NYSE: GETY) and Shutterstock (NYSE: SSTK) today announced that they entered into a definitive merger agreement to combine in a merger of equals transaction, creating a premier visual content company. The combined company, which would have an enterprise value of approximately $3.7 billion, will be named Getty Images Holdings, Inc and will continue to trade on the New York Stock Exchange under the ticker symbol “GETY”.

Shutterstock has partnered with Lightricks to launch an innovative “research license” model, making ethical AI development more accessible for startups and smaller developers. By addressing challenges like unauthorised data scraping and high licensing costs, this partnership sets a new standard for transparency and responsibility in AI development.

The UK’s world-leading creative and tech sectors put it in a unique position to set a global standard for how both sectors can innovate together and continue to provide high quality services. Protecting copyright and building a dynamic licensing market for the use of creative content in building generative AI (GAI) isn’t just a question of fairness: it’s the only way that both sectors will flourish and grow.

On 1 January 2025, the renowned Hamburg-based photo agency Flora Press will become part of Image Professionals, the leading provider of specialised photo agencies based in Munich. This collaboration enriches Image Professionals' portfolio with over one million premium images and exclusive features centered around gardening, decoration, DIY and food.

Copyright Agent and Visual Rights Group (VRG), two leaders in the field of copyright protection, content management and data insights, are merging to form a unified group poised to lead globally in this space. This strategic merger doubles the workforce and expands the combined company’s geographic footprint with offices in Denmark, Belgium, the UK, and the USA.

CEPIC's Sylvie Fodor recently attended the 29th International Digital Media Licensing Conference (IDMLC) held at the iconic Intrepid Museum in New York City. The unique setting provided an inspiring backdrop for discussions on the future of digital media.

We are pleased to announce that AEAPAF and VEGAP have formalised an agreement that enables rights holders to receive equitable remuneration for private copying through AEAPAF’s member agencies and archives.