Facebook gets music deal with Sony/ATV

Facebook has landed a licensing agreement with Sony/ATV Music Publishing. This deal allows users of the social media network to post videos with music from Sony/ATV’s catalog in the background. Financial details of the agreement were not disclosed, but the companies said that Sony/ATV’s songwriters will have the chance to earn royalties when their compositions are used on Facebook or Instagram. Continue Reading

Labels seek EU regulatory intervention on Sony/ATV buyout

Sony has taken steps to assume sole ownership of the Sony/ATV publishing branch, buying out the stake owned by Michael Jackson’s estate. However, the move has raised some concerns among the other labels. Warner Music Group and a collection of independent labels have brought their concerns over the buyout before the European Commission. Continue Reading