Universal Music and Meta Expand Music Licensing Agreement
Monday, 12 August 2024, 11:49
Universal Music and Meta's New Licensing Agreement
Universal Music Group (UMG), the world's largest music label, has revealed an expanded agreement with Meta Platforms, Facebook's parent company.
Key Objectives of the Partnership
- To create new opportunities for artists and songwriters
- Enhance monetization options through innovative tools
- Foster collaborative content sharing in the digital space
Conclusion
The expanded agreement between UMG and Meta is poised to reshape how music content is shared and monetized online, ultimately benefiting the artists and songwriters who rely on these platforms.
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