Agreeing on copyright reform now is necessary. And it is possible.
It is possible to do it in a way that keeps the cursor carefully balanced: I have always argued that is possible to protect artists and creators while ensuring free speech and a free internet.
This reform will bring much needed and direct advantages for teachers to improve their courses; for cultural heritage institutions to digitise their collections, for Europeans to conduct text & data mining, essential for our emerging AI capacities. All these points are largely agreed between negotiators. But not agreeing now would mean losing these fundamentally necessary copyright reforms.
And this applies in particular to the two points that are much discussed these days, SME carve out and user generated content. There is broad recognition among the co-legislators that smaller platforms do not have the same means as larger ones; it is possible to find a common wording on this. There is also broad recognition that parody and personal and artistic commentary is important for our culture of free and creative debate; it is possible to make this right concretely applicable without opening the door to systematic abuse.
All involved parties have a huge responsibility: Playing lightly now with a “no deal is better than my own maximalist position” as I read sometimes from position statements is dangerous and irresponsible.