Access Intelligence PLC Copyright Tribunal Ruling (3650P)
October 18 2021 - 3:15AM
UK Regulatory
TIDMACC
RNS Number : 3650P
Access Intelligence PLC
18 October 2021
Access Intelligence PLC
("Access Intelligence", the "Company" or the "Group")
Copyright Tribunal Ruling
Access Intelligence Plc, (AIM: ACC) the technology innovator
delivering Software-as-a-Service (SaaS) solutions for the global
marketing and communications industries, is pleased to announce
that the Australian Copyright Tribunal (Copyright Tribunal) has
delivered its decision in the proceedings detailed in the Company's
Admission Document dated 15 June 2021 and brought by Isentia, the
Company's recently acquired subsidiary. In its decision, the
Copyright Tribunal accepted the terms of the copyright licence
proposed by Isentia.
Whilst details of the Copyright Tribunal findings remain
confidential, the decision provides that the licence fees payable
by Isentia to Copyright Agency Limited on an ongoing basis will
remain stable for the next four years. Isentia regards the licence
terms and fees accepted by the Copyright Tribunal as fair and
reasonable, striking the right balance between rewarding publishers
for the usage of their content and not overcharging clients for
usage of that content.
Joanna Arnold, CEO of the Company said:
"I am reassured by the findings and outcome of the Copyright
Tribunal. Whilst we understand that CAL are considering their
options for a judicial review of the decision, I believe that this
ruling from the Copyright Tribunal is a strong sign that this area
of uncertainty regarding future copyright costs is behind Isentia.
We are committed to supporting high quality journalism and this
ruling is categorically the right decision for the industry and is
a positive outcome for the Group."
For further information:
Access Intelligence plc
Joanna Arnold (CEO) / Mark Fautley (CFO) 020 3426 4024
finnCap Limited (Nominated Adviser and Broker)
Corporate Finance - Marc Milmo / Kate Bannatyne / Fergus
Sullivan 020 7220 0500
Corporate Broking - Alice Lane / Sunila de Silva
About Access Intelligence
Access Intelligence PLC is an AIM-listed martech leader, helping
marketers and communicators anticipate, react and adapt to what's
important to customers, stakeholders and their brand as they
navigate a constantly changing world of influence and reputation
online. Its technology is used by 6,000 global organisations every
day, from blue-chip enterprises and communications agencies to
public sector organisations and not-for-profits.
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END
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