comscore Sony Music Publishing signs online video deal with Facebook | Honolulu Star-Advertiser
Features

Sony Music Publishing signs online video deal with Facebook

Sony/ATV Music Publishing and Facebook have signed an agreement letting users of the social-media network upload and post videos with works from artists including Ed Sheeran and Taylor Swift.

The multiyear deal is the first between the top music publishing company, which oversees a catalog of 3 million songs, and Facebook, the parties said today in a statement. Financial terms weren’t disclosed, but the companies said the accord would give songwriters the opportunity to earn royalties when their music is used on Facebook and Instragram.

The record industry, which is in the third year of a recovery, is looking to social media services to bolster a rebound that’s been led by online services. Facebook has now signed agreements with two of the largest music companies in the world, paving the way for more than 2 billion users to legally share clips with music.

The social media service signed a similar deal with Vivendi SA’s Universal Music Group last month.

Click here to see our full coverage of the coronavirus outbreak. Submit your coronavirus news tip.

Be the first to know
Get web push notifications from Star-Advertiser when the next breaking story happens — it's FREE! You just need a supported web browser.
Subscribe for this feature
Comments (0)

By participating in online discussions you acknowledge that you have agreed to the Terms of Service. An insightful discussion of ideas and viewpoints is encouraged, but comments must be civil and in good taste, with no personal attacks. If your comments are inappropriate, you may be banned from posting. Report comments if you believe they do not follow our guidelines.

Having trouble with comments? Learn more here.

Scroll Up