Facebook and Universal Music Group Agree to Multi-Year Licensing Deal

2017-12-21 4

Facebook and Universal Music Group Agree to Multi-Year Licensing Deal The historic deal will allow the social network to host content with the label's licensed music across its network, including the main app, Instagram, and Oculus. Users were previously allowed to upload videos but rules were introduced over the last few years to identify copyrighted works and required users to take down posts using infringing content. Music lovers, artists and writers will all be right at home as we open up creativity, connection and innovation through music and video. This partnership is an important first step demonstrating that innovation and fair compensation for music creators are mutually reinforcing – they thrive together. Variety reports that the companies will experiment together to introduce new music-based products to these Facebook platforms, including Messenger.

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