I agree completely. Copyright is badly broken, and it's broken in favour of the big players. Independent classical musicians are the most severely affected by it. A few of my favourite classical players have received copyright strikes by the likes of Sony, BMG, WB, etc. for their own live performances. And then there are cases such as the video of a guy strolling through a forest, which received copyright claims from the big bullies because of the live bird calls.
EU's proposal would only end up making the already flawed ContentID system more aggressive. Heck, I'd go in the opposite direction. I would be in favour of penalizing those who falsely claim copyright for works that they don't own the rights to.