Facebook Signs Agreement with Universal that Will Let Users Post Licensed Music and Videos
Facebook today said it has signed a licensing agreement with Universal Music Group that will give users of the social network new access to music and video content owned by Universal. Specifically, people "will be able to upload videos that contain licensed music and personalize their music experiences on Facebook, Instagram and Oculus, while sharing videos with friends and family." The company said the agreement will eventually include access to Universal's vast music library across Facebook, Instagram, and Oculus. Beyond the ability to use Universal's music in posts, Facebook says companies and artists will be able to explore new ways of interacting with fans. Terms of the deal were not disclosed. Facebook didn't say how soon these new music-based features might begin to roll out.
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