A more thorough explanation:
Equitable Remuneration
Equitable remuneration refers to a type of
compulsory license that allows certain parties to use copyrighted material without the explicit permission of the
copyright owner in exchange for a specified royalty. It is a payment made to the owner of a copyrighted work for the use of their work.
For example, if a radio station wants to play a song, they need to pay the copyright owner a fee for the right to use the song. This fee is known as equitable remuneration. Another example is when a streaming service wants to use a movie or TV show, they need to pay the copyright owner a fee for the right to use the content.
- A radio station pays a fee to the copyright owner of a song to play it on air.
- A streaming service pays a fee to the copyright owner of a movie or TV show to stream it on their platform.
These examples illustrate how equitable remuneration works in practice. The copyright owner receives payment for the use of their work, while the user is able to use the work without facing legal consequences.