Quantcast
FACEBOOK INKS THREE MORE MUSIC DEALS

Irving Azoff’s Global Music Rights, Kobalt Music Publishing and HFA/Rumblefish have struck music licensing deals with Facebook. The deals follow ones inked by Sony/TV and Universal Music Group.

“Our partnership with Facebook reflects that when music is valued properly, it’s easy for both sides to view it as a win-win,” Azoff said in a statement about  GMR’s first user-generated content deal. As a PRO, Global Music Rights represents Pharrell Williams, Bruno Mars, Drake, Bruce Springsteen and others.

The deal opens the door for Facebook, Instagram and Oculus users to upload and share videos with music that allow publishers and songwriters to receive compensation. Facebook announced the deals in a blog post.

“Rumblefish will also help Facebook optimize the identification and clearance of musical works through an innovative data-sharing agreement,” said Scott Sellwood, Head of Commercial Music Publishing Partnerships at Facebook. “This partnership with HFA/Rumblefish and an opt-in for independent publishers opens as of today.”

NMPA President/CEO David Israelite praised the social media platform for its “willingness to recognize the economic contribution of songwriters as well as its effort to create a system that properly streamlines payments moving forward. Other digital services should take note and follow suit.” Wonder who he had in mind?

UMG PAVES ELTON'S YELLOW BRICK ROAD WITH GOLD
Lucian locks in the superstar. (9/21a)
RIAA: SUBS POWERED REVENUE IN H1 2018
Streaming revenue is 75% of the biz. (9/21a)
CRY THE TOP 20
Carrie is having a Pretty good first week. (9/21a)
SONG REVENUE CHART: THE BUCK STOPS HERE
Yeezy and Pump run to daylight. (9/21a)
UMG PAVES ELTON'S YELLOW BRICK ROAD WITH GOLD
This song's for Uni. (9/21a)
RAINMAKERS
The ones making history now.
WHO'S NEXT?
Who will be the next big pub and label players?
THOUGHTS ON LUNCH?
Like, will it ever get here?
THE KIDS
They're leaning on the button.
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)