Facebook، SonyATV sign music licensing deal
Tuesday 09/January/2018 - 08:57 AM
SonyATV said on Monday it signed a licensing agreement with Facebook Inc that will allow the social media platform’s users to upload and share videos from the music publishing company’s catalog on Facebook and Instagram، Reuters reported.
The multi-year deal will allow artists associated with SonyATV — whose catalog includes Bob Dylan، Taylor Swift and Ed Sheeran — to earn royalties from the use of their music on the social media platforms.
Facebook’s deal with SonyATV follows a similar deal with Universal Music Group in December، to retain users and attract advertisers.