Intellectual property scholars often argue that a European CopyrightCode is unnecessary, undesirable, and perhaps impossible. It is certainlytrue that drafting rules for the European copyright law of the future is asensitive and risky task. However, the intersection between the presentand the future, the delicate point where it is felt that one era is fadingaway and a new dawn is breaking, has arrived for European copyrightlaw; and moreover, the Lisbon Treaty has provided an explicit legal basisfor an EU copyright policy. At this moment, all views, interests, concerns,and expectations should be weighed in order to establish the next stepforward from this critical stage.