Facebook Is Licensing Music for a YouTube Rival, Report Claims

According to a report from Bloomberg, Facebook is seeking to attain rights to music videos for its stagnating video-on-demand service that it hopes will challenge the dominance of YouTube. Reportedly, the social media giant is negotiating music licensing deals between its Watch service and the following major record labels: Universal Music Group Sony Music Warner […]

The post Facebook Is Licensing Music for a YouTube Rival, Report Claims appeared first on Digital Music News.

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