Facebook and Universal Music Group became partners

What happened

Facebook entered into an agreement with   the largest holding of record labels Universal Music Group. Now users Facebook, Instagram and   Oculus will be able to add to   their videos of music artists of the label UMG (and   at   their   including Rihanna, Miley Cyrus, Lady Gaga, Rammstein, Taylor Swift and   others do not   less well-known names).

Earlier in   In this case, Facebook deleted the video because of copyright infringement, but   now about   this can not   Worry (if you have worried about this until today).

Terms of the transaction are not   are disclosed. AT   Facebook reported that there will be   further establish ties and   already negotiate with   Warner Music Group and   Sony Music Group.

YouTube is faster

On   representatives of video hosting signed agreements with   Sony Music Entertainment and   Universal Music Group, which will lead to   an increase in compensation for musicians for the use of their works. A   Earlier YouTube partnered with another major copyright holder   - Warner Music.

Source: The Verge