Corint Media sub­mits licence agree­ment to Face­book

A licence fee of 190 mil­li­on euros in 2022 for the rights of the more than 240 right­hol­ders repre­sen­ted so far

Press Release
Ber­lin, 2021-12-03
Corint Media Mana­ging Direc­tors Chris­toph Schwennicke and Mar­kus Run­de

After sub­mit­ting a licence agree­ment to Goog­le, Corint Media has now sub­mit­ted a licence agree­ment to Face­book Ire­land Ltd. as the ope­ra­tor of, among others, Face­book in Ger­ma­ny. Thus, it fol­lows the legal­ly requi­red equal tre­at­ment. In the offer, Corint Media puts the remu­ne­ra­ti­on in 2022 at 190 mil­li­on euros. The diver­se uses of press con­tent are going to be licen­ced in Face­book ser­vices as well as on Insta­gram, which includes the inte­gra­ted func­tions of a per­so­na­li­zed news­feed, web pages for com­pa­nies, so-cal­led “pages”, as well as instant mes­sa­ging ser­vices, such as “Face­book Mes­sen­ger” and coll­ec­tions of news con­tent (“Face­book News”). The cla­im is cal­cu­la­ted from a cus­to­ma­ry royal­ty rate on the rele­vant sales of the exploi­ting com­pa­ny in the respec­ti­ve mar­ket, which is in this case Face­book Ire­land Ltd. in Ger­ma­ny.

The Arbi­tra­ti­on Board at the Ger­man Patent and Trade­mark Office (DPMA) – respon­si­ble for eva­lua­ting tariff and remu­ne­ra­ti­on issues – has long ago asses­sed a royal­ty rate of up to 11% on the tur­no­ver for the enti­re reper­toire as fun­da­men­tal­ly appro­pria­te. Corint Media curr­ent­ly mana­ges the rights of more than 240 digi­tal press publi­ca­ti­ons on the Ger­man mar­ket, and the per­cen­ta­ge is redu­ced accor­din­gly. For Face­book and its sub­si­dia­ries rele­vant to remu­ne­ra­ti­on, the reve­nues gene­ra­ted in Ger­ma­ny are esti­ma­ted at around five bil­li­on euros for 2020.

The reques­ted sum ranks in international com­pa­ri­son. As ear­ly as mid-Octo­ber 2021, Corint Media sub­mit­ted a licence agree­ment to Goog­le as the lar­gest user of the press publishers’ right and cal­led for nego­tia­ti­ons. Corint Media is also in talks with Micro­soft and other users.

Mar­kus Run­de and Chris­toph Schwennicke, Mana­ging Direc­tors of Corint Media sta­te:  “After Goog­le, we have now been able to pre­sent Face­book, as ano­ther major user of the press publishers’ right, with a con­cre­te offer based on the facts known to us. It is now a mat­ter of estab­li­shing a con­cre­te pri­ce with the lar­gest users for the Euro­pean-legi­ti­mi­zed right in a time­ly and, abo­ve all, very trans­pa­rent man­ner that does jus­ti­ce to the importance of the enti­re press on the web.”

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