Take part: Facebook strikes global deal with Universal

This is a story under construction which is open to you to TALK about or CONTRIBUTE to.

Facebook and Universal Music Group signed an agreement that will allow Facebook users to upload copyrighted content belonging to one of the largest record labels in the world.

The deal is designed to attract advertisers to Facebook as the social media platform expands into video to compete with Youtube’s success with music videos. The same press release also stated that the agreement applies to Facebook Inc’s Messenger and Oculus services as well. The financial details of the agreement have not been disclosed.

What does this deal mean for Facebook’s competition with other social media groups and streaming services?

Image information

  • TODO tags

      Is there a problem with this article? [Join] today to let people know and help build the news.
      • Share

      Subscribe to our newsletter

      Be the first to collaborate on our developing articles

      WikiTribune Open menu Close Search Like Back Next Open menu Close menu Play video RSS Feed Share on Facebook Share on Twitter Share on Reddit Follow us on Instagram Follow us on Youtube Connect with us on Linkedin Connect with us on Discord Email us