Entertainment Licensing 

Sony/ATV sign licensing agreement with Facebook

Recently, Sony and ATV have 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 catalogue on Facebook and Instagram.

The multi-year deal will allow artists associated with Sony/ATV like Bob Dylan, Taylor Swift and Ed Sheeran earn royalties from the use of their music on the social media platforms.

Facebook’s deal with Sony/ATV follows a similar deal with Universal Music Group in December, to retain users and attract advertisers.

 

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