Following the deal it recently struck with Universal Music Group, Facebook has also reached an agreement with Sony ATV Music Publishing to allow musicians to earn royalties when their music is shared on the social network.
The deal, just like the one with UMG last month adds over three million songs to the list of tracks that users on Facebook can use on their posts, without fearing the repercussions of copyright infringement. It allows the copyright owners (the musicians) to earn money from royalties related to the use of their music on Facebook, and it means that you can now freely share any songs from Sony/ATV’s back catalog.
Again, the multi-year agreement will spans multiple territories and extends to Facebook, Instagram, and Oculus. As Tamara Hrivnak, Facebook’s head of music business development explains: “We’re excited to work with the largest music publisher in the world to bring amazing songs which deepen connections between friends and fans,”and that “Sony/ATV is a true leader and an absolute champion of writers in the digital space, and we’re thrilled to work with them as they grab new opportunities by the horns across all of our platforms.”
I am pretty sure that users are also thrilled, as they can now include three million songs in their posts – from artists like Pink, Ed Sheeran, Taylor Swift, and Kanye West. The list also includes legendary artists like The Beatles, Leonard Cohen, Bob Dylan, Michael Jackson, Carole King, and Queen.
How exactly the artists will earn royalties from Facebook is unknown, but I am sure the method will be made known soon. The agreement is the second one in a month to take place between Facebook and a recording studio, and I am sure it won’t be the last. Facebook’s tenacity of meeting with record execs during the last year is finally paying off for the company.
You might also like
More from Facebook
Meta Is Killing Its Messenger For Apple Watch App
Meta announced it will remove the Messenger for Apple Watch app on May 31 “After May 31st, Messenger won’t be available …
Facebook And Instagram Start Selling Blue Checks With Meta Verified
Meta Verified will give you a blue check badge on both Facebook and Instagram, along with other benefits for $12 …
Meta Brings Back #BuyBlack Friday For A Third Year
Meta is bringing back #BuyBlack Friday for a third consecutive year in North America. Meta emphasized the importance of the Holiday …
Facebook Is Giving You More Controls Over What You See On Your Feed
Facebook is introducing new "show more" and "show less" controls to let you adjust what you want to see on …
Meta Introduces Facebook Reels API, Offering An Option To ‘Share To Reels’
Meta has introduced the Facebook Reels API, a solution allowing developers to build a 'share to reels' option into their …
Facebook Gets Into Delivery With DoorDash Partnership
DoorDash is partnering with Meta to pilot Facebook Marketplace deliveries across multiple cities in the U.S. Drivers will only transport items …
Meta Rolls Out Horizon Worlds In France And Spain
Meta Horizon Worlds, the VR community and game, is now available in France and Spain.
Meta Refreshes Facebook Groups With New Features
Facebook Groups now have an updated invitation system to reduce admin workloads and limit sharing of misinformation.
Meta Offers Digital Security Course For Journalists And Human Rights Defenders
The Meta Journalism Project and the ICFJ have put together a self-paced 90-minute course and webinars to provide online safety …
