Facebook finally concludes music licensing deal with Universal Music Group

The deal with Universal Music Group will see music commissioned in a multi-year deal on the social media platform. Music copyrights are a typical issue on Facebook since they’ve launched and designed up a video platform which currently gets hundreds-of-millions of views on a daily basis.


Reportedly the deal also will result in the corporations operating along with new music products together. while licensing music on Facebook will be the most necessary results of this deal the implications of a product created by the world’s biggest label and Facebook could mean anything, potentially a challenge to YouTube.

UMG have said this deal is “unprecedented”. Universal’s executive vice president of digital strategy, Michael Nash said: “Together, Facebook and UMG are making a dynamic new model for collaboration between music corporations and social platforms to advance the interests of recording artists and songwriters while enhancing the social experience of music for their fans.”

Facebook’s products include Instagram and the virtual reality company Oculus, which will both gain licensing rights from the deal. the companies said in their release statement that users will have access to a “vast library” of music “in time”.