Updated February 11, 2018 08:10:45 Netflix is changing the language on its website to clarify the new copyright law and says the company plans to continue to be a partner with the government to ensure that copyright is not abused.
The streaming service says that under the new law, “copyright is no longer free.”
Netflix, which was created by Netflix founder and CEO Reed Hastings, has been lobbying Congress and the White House to amend the U.S. copyright law to remove the requirement that copyright owners pay a royalty fee to copyright holders, who receive a share of the profits.
Netflix said in a statement on Wednesday that the change was made in an effort to comply with a bill that the House passed last week that aims to give Congress a chance to change the law.
“We are working to change language on our website to comply fully with the bill and will continue to work with Congress to achieve this,” Netflix said.
Netflix is the largest pay-TV company in the world.
534), which would require that copyright holders pay for the right to use copyrighted works for a certain period of time, and to prevent a licensee from using its content to create unauthorized copies,” Netflix wrote. “
To comply with this bill, the Senate passed the Copyright Term Extension Act (S.
534), which would require that copyright holders pay for the right to use copyrighted works for a certain period of time, and to prevent a licensee from using its content to create unauthorized copies,” Netflix wrote.
Netflix added that it “is pleased to have been a vocal supporter of this bill and to be one of the first to make changes to ensure the safety of our subscribers, creators and content providers.”
Netflix did not immediately respond to a request for comment on Wednesday.
The company was the first of several entertainment companies to lobby Congress to pass the bill, saying it was important to ensure “that the United States retains the global platform for innovative innovation that has been a cornerstone of our economy.”
The Senate bill has been referred to the White Houses Copyright Office.
Netflix has been pushing for a bill to require that content creators pay royalties to copyright owners.
The bill has stalled in the Senate.
In a statement Wednesday, Hastings said, “Netflix believes that all Americans deserve access to high-quality content, regardless of who pays for it.
We’re proud to work closely with Congress on the Copyright Extension Act.”