Facebook strikes first major music rights deal with Universal Music

22 December, 2017, 01:22 | Author: Grady King
  • Facebook and Universal just cut a huge music licensing deal

"Together, Facebook and UMG are creating a dynamic new model for collaboration between music companies and social platforms to advance the interests of recording artists and songwriters", said Michael Nash, executive vice president of digital strategy, Universal Music Group".

The companies explained that the partnership will give Facebook and Instagram users the ability to upload and share videos that contain licensed music.

The agreement will have a major effect on both how the consumer experiences social media, how the music industry uses social media for its product, and how artists are compensated for their work.

Isaiah Thomas Nearly Ready To Begin 5-On-5 Practice
The Cavs are scheduled to hold a practice in San Francisco on Christmas Eve. The Cavaliers finish their three-game road trip on December 30 against the.

So, on the one hand this is what publishers and labels have been asking for in 2017 - an initial deal to license Facebook for the music contained within user-uploaded videos. The move will soon bring UMG's music catalog to Facebook, Instagram, and Oculus. Facebook says that in the pipeline there are plans to open up "a vast library of music" across multiple social features, though isn't saying exactly what that will entail.

Hrivnak, now Head of Music Business Development and Partnerships at Facebook, is quoted in the joint statement, pointing out the "magnetic relationship between music and community building".

While Facebook remain mum if they are targeting YouTube with this deal, several Universal Music Group leaders are concentrating on making sure that professional artists continue to make a living as details of this partnership are rolled out.

MLS expected to announce Nashville expansion team
Reports out of Cincinnati and from the Mercury News in California point to Cincinnati as the next to win an expansion team. If either Sacramento or Cincinnati doesn't get a franchise now, they're nailed on to join a year later.

The partnership comes days after Bloomberg reported that YouTube had signed a long-term agreement with Universal Music Group and Sony Music Entertainment.

While music postings are omnipresent on Facebook, the company attempts to take down embedded content that is copyrighted, with fans either uploading their own videos or linking to other sites such as YouTube and Spotify.

Facebook, based in Menlo Park, Calif., is trying to get people to watch and share more videos on its platform.

Militants Attack Afghan Spy Agency's Facility in Kabul
Insider and imposter attacks are a near mainstay for Afghan and US troops in the fight against the Taliban and ISIS. Sarwari said the attack set off heavy clashes in which scores of Taliban attackers were driven away.

Recommended:

  • North Korea now testing anthrax on ICBMs

    North Korea now testing anthrax on ICBMs

    A Japanese newspaper says that North Korea has begun to load anthrax onto its intercontinental ballistic missiles. North Korean leader Kim Jong Un has trumpeted his country's nuclear program. .
    Newly discovered polymer could make shattered screens a thing of the past

    Newly discovered polymer could make shattered screens a thing of the past

    In an interview with NHK , Yanagisawa said that he repeated his experiments multiple times to confirm his findings. Researchers said that the high mechanical strength and healing abilities tend to be mutually exclusive.
    Diddy declares interest in buying Carolina Panthers

    Diddy declares interest in buying Carolina Panthers

    There are NO AFRICAN AMERICAN MAJORITY OWNERS IN THE NFL! Richardson had previously said that the team would be sold when he died. Carolina Panthers owner Jerry Richardson says he will sell the team at the end of this season over sexual misconduct allegations.
  • Apple Is Reportedly Preparing a Way to Unify Mac and iOS Apps

    Apple Is Reportedly Preparing a Way to Unify Mac and iOS Apps

    Developers will be able to design a single app that works as well with a touchscreen as it does with a mouse and trackpad. Apple isn't in a position to ditch the Mac platform because it's still more capable than iOS on the iPhone and iPad.
    Census: Illinois loses title of 5th largest state to Pennsylvania

    Census: Illinois loses title of 5th largest state to Pennsylvania

    The top 10, in order, were: Texas, Florida, California, Washington, North Carolina, Georgia, Arizona, Colorado, Tennessee and SC . But this was offset by some 45,000 people from other counties moving to MA , resulting in a net migration increase of 22,000.
    NBC considering revival of 'The Office'

    NBC considering revival of 'The Office'

    Citing sources, the website said the new show would feature a combination of returning cast members and newcomers. According to a report from TVLine , NBC is set to revive The Office for the 2018-2019 TV season.
  • Winter Solstice yoga event at The Jam Handy

    Winter Solstice yoga event at The Jam Handy

    Although they both relate to a similar thing, there is a big difference between an equinox and a solstice. The axis is the line through the planet that Earth spins around, connecting the north and south poles.
    Twitter suspends accounts of British far-right group leaders

    Twitter suspends accounts of British far-right group leaders

    British Minister of State for Digital Matthew Hancock tweeted that the account suspensions were a "good step forward" for Twitter. Paul Golding, Britain First's leader, and Jayda Fransen , his deputy, can no longer tweet and their past posts no longer appear.
    Cyril Ramaphosa elected president of the ANC

    Cyril Ramaphosa elected president of the ANC

    A victor had been expected to be announced on Sunday, but owing to long delays, the vote had been pushed back repeatedly. Zuma has faced allegations of corruption since he became head of state in 2009 but has denied any wrongdoing.
  • How someone stole a family's Christmas Grinch

    How someone stole a family's Christmas Grinch

    Byram's police chief, Luke Thompson, encouraged him to return when he was 21 to apply to become an official part of the force. For the rest of us, if you see the Grinch and Max, give the Sedgwick County Sheriff's Office a call at 316-660-5300.
    Campbell Soup to buy Pretzel owner in $4.87bn deal, shares rise

    Campbell Soup to buy Pretzel owner in $4.87bn deal, shares rise

    In another major snack company acquisition, Campbell Soup Co.is gobbling up Snyder's-Lance Inc . for $4.87 billion. Driscoll, the former CEO of Diamond Foods and a member of Snyder's-Lance's board, was named his successor in June.
    Singer Enrique Iglesias and former Tennis star Anna Kournikova welcome twins

    Singer Enrique Iglesias and former Tennis star Anna Kournikova welcome twins

    The happy couple are not married, but have been dating for 16 years after meeting in 2001 on set of Iglesias's " Escape " music video.


Popular

Flu activity is 'widespread' statewide. Still time to get vaccine, officials say
The CDC reports that vaccinations reduce the risk of illness by 40 to 60 percent among the overall populations during flu season. Other tips include washing your hands frequently, staying home when you are sick and avoiding touching your hands to your face.

Democrat wins recount in Virginia House race
Given that this race will determine whether Republicans keep control of the state House, stay tuned for the final results. The race is now a tie after the contested vote was changed to Republican candidate David Yancey after judges reviewed it.

European Union banks in the United Kingdom will operate 'as normal' after Brexit
Britain will need a transition after Brexit that will avoid businesses having to adjust to new rules and regulations twice.

Selena Gomez's Mom Shares Message Honoring the Child She Lost to Miscarraige
He paid tribute to the singer by writing the message , "Words can not begin to describe the pain I am feeling. The editors here at J-14 chose to dive into Brian's life and give you all the details you need to know.

Chrome's Ad Blocker Will Start Functioning From February 15th, 2018
Now when know when Google plans to send this ad blocker live, and it turns out that launch is right around the corner. Now we have a date to circle on the calendar for a launch, which is something to look forward to in the new year.

AirPods Sold Out Until Early January 2018
We noted yesterday that many retailers like Best Buy , Walmart , and B&H are all out of stock when it comes to AirPods inventory. It would be weird for Apple to start selling a new charging case mere months before refreshing the full product.

Bitcoin Futures Launch on Chicago Mercantile Exchange (CME)
The general sentiment in the market remains one of caution and that has been reflected in margin requirements for the contracts. With the trend still going upward a short seller could end up having to purchase futures at a price higher than they were sold.

WWE Announces First Ever Women's Royal Rumble for 2018
This absolutely rules, and means the January 28th card is gonna feature two Rumble matches, which ain't even remotely a bad thing. Stephanie McMahon announced on RAW that the 2018 Royal Rumble will host the first ever all-female contest of its kind.

Pop Star Jonghyun Of SHINee Dies At 27
The Korea Herald said the singer was taken to hospital after being found unconscious in an apartment in Seoul . In South Korea, it is known as a common way of suicide as the substance releases carbon monoxide.

WWE Clash Of Champions Sunday Night, Coverage On WrestleNewz
Corbin's run as US Champion has been less than riveting and this is probably as good a time as any to have him drop the title. Mahal doesn't need to win the title to be leap years ahead of where he was in the WWE this time last year.