Media monitoring company Isentia and the licensing body Copyright Agency have ended a long running dispute over fees for use of news content.
Isentia has entered into a new standard agreement offered by Copyright Agency.
The deal brings to an end to long-running legal action initiated by Isentia in the Copyright Tribunal of Australia against the Copyright Agency.
Isentia, which has its headquarters in Sydney but is owned by UK-based Access Intelligence, has had a copyright licence with the Copyright Agency for more than 20 years.
The new terms will be available to media monitoring organisations until at least late 2025.
Copyright Agency chief executive Josephine Johnston, said: “The agreement to new standard licence terms is an important milestone for the industry as it provides an opportunity for stability and consistency for existing and new entrants to the sector.
"It will be offered to all other media monitoring organisations operating in Australia.”
Isentia chief executive Joanna Arnold said: “We’re thrilled to be working collaboratively with Copyright Agency again and are confident the agreement is the start of a new and constructive era for the industry.
"Isentia acknowledges the valuable rights of copyright owners and this agreement ensures that media monitoring organisations are accountable for the use of their content.
"This is a highly competitive market, focussed on innovation and technology, and this move towards standard terms helps to provide the level playing field necessary to encourage this.”
The new industry licence terms cover the full repertoire of Australian and international content licensed by Copyright Agency across print and online publications with a valuation informed by the determination of the Copyright Tribunal.
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