Facebook and Universal deal gives users access to library of music, allows uploading of videos
0Facebook and Universal deal gives users access to library of music, allows uploading of videos containing licensed songs.
Facebook has signed a multi-year agreement with Universal Music Group (UMG), making it the first major music company to license its copyrighted content for use on the social media behemoth. The “unprecedented” deal, thought to be worth several hundred million dollars, also covers Instagram, Messenger, and Oculus.
The partnership means users of Facebook-owned services will be able to upload and share videos that contain music belonging to UMG without the threat of removal due to copyright violations.
Eventually, Facebook wants to work with UMG to launch “music-based products” on its platform.“In time,” the press release stated, "functionality will expand to enable access to a vast library of music across a series of social features."
Variety reports that while Universal is the first to announce such a deal, Warner Music could be the next industry giant to partner with Facebook.