The deal marks an important milestone in the social company's ambitions to compete with Google's YouTube, now the most popular destination online for listening to music.
The two parties will also partake in developing 'experimental new music-based products to these Facebook platforms, with the goal of catalysing innovation to develop the next generation of music products that best engage social consumers'.
Initially the partnership will mean that users will be able to upload videos that contain licensed music to the three platforms. They hinted that more music features could be coming.
Warner Music and Sony also extended deals with YouTube, and according to insiders they will likely sign deals with Facebook following Thursday's UMG news.
"Together, Facebook and UMG are creating a dynamic new model for collaboration between music companies and social platforms to advance the interests of recording artists and songwriters while enhancing the social experience of music for their fans", Nash said.
The other major record companies are nearing similar deals, sources tell CASHBOX, A joint statement from the company said the deals will "serve as a foundation for a strategic partnership roadmap that will deliver new music-based experiences online".
Over the past year, the Silicon Valley tech titan has been assembling a team of music industry professionals, led by Tamara Hrivnak, a lawyer who worked as director of music partnerships for Google Play and YouTube and earlier served as VP of digital strategy & business affairs for Warner/Chappell Music Publishing, Hrivnak came on board in January and has overseen negotiations with music rights holders. YouTube has received criticism for not adequately paying artists for streams of their music videos.
Facebook is trying to get people to watch and share more videos.
With those tools in place and this new deal, Facebook is another step closer in its quest to be a destination for high-end video.
Chief executive officer Tim Cook has resisted doing so, arguing that merging iOS and macOS would degrade the experience. The plan itself is likely to be announced in the summer next year at Apple's annual developers' conference.
The House of Representatives on Wednesday sent tax reform legislation to President Donald Trump , who is expected to sign it soon. AT&T announced Wednesday that it will give 200,000 of its USA employees $1,000 once the GOP tax bill is signed into law.
Parts for the devices will be sourced from fellow Taiwanese companies like Unitech, Compeq, TXC, and HLJ. They were officially supposed to debut in October past year , but they finally arrived in late December.
The EU has said it wants to have a free trade deal with Britain ready to go at the start of 2021, as soon as the transition ends. Britain will need a transition after Brexit that will avoid businesses having to adjust to new rules and regulations twice.
The snow line dips lower in elevation, as the major coastal cities in OR and Washington will remain above freezing during the day. The next chance will come on Christmas Eve and Christmas Day but confidence in snowfall, let alone accumulation, remains low.
Google provides a best practices guide for ad formats that comply with the Coalition for Better Ads group's guidelines. The tech giant is now going to abide standards set by the Coalition for Better Ads , of which Google is a member.
The official, Kenneth Mallory, wrote that the ballot had both candidates' names bubbled in for the 94th District race. There will be a recount Wednesday in the 68th District, which includes parts of Richmond, Henrico, and Chesterfield.
Rycroft said his country believes Jerusalem is a final-status issue and should be a shared capital of Israelis and Palestinians. Echoed by Abbas, he said that the USA "destroyed" the two state solution and "undermined all peace efforts".
MLS included Nashville on a short-list of four bidders for the two expansion teams that are scheduled to begin playing by 2020. Reports out of Cincinnati and from the Mercury News in California point to Cincinnati as the next to win an expansion team.
The main event matchup between Lawler and Dos Anjos was very close on paper, which is why the fight was worth an extra 120 points. He beat Demian Maia, but he looked really bad when he fought Demian, and I have no comments on that guy".
Franken says he'll leave Congress in 'few weeks'
A special election will be held in Minnesota to permanently fill the seat timed to next year's midterm elections in November. I will live by whatever decision and I will walk away thinking about this opportunity I've had while I was here.
IL loses population, drops to 6th-largest state
Wyoming had the largest percentage decline among states, losing almost 5,600 resident or about 1% of the state's population. Other states in the West - Nevada, Utah and Washington - saw similar percentage increases in their population.
A Bright Start for CME Futures
But two days later Cboe Global Markets said it was launching its own futures contract on December 10, a week before CME. The website's Bitcoin Price Index had it priced at $19,400 at the time CME launched the contracts.
Afghan forces thwart attack on training center in Kabul
Insider and imposter attacks are a near mainstay for Afghan and US troops in the fight against the Taliban and ISIS. So far, neither the Taliban insurgency nor any other militant group has claimed responsibility for the attack.
Jonghyun, lead singer of K-pop group Shinee, dies
He was taken to a nearby hospital suffering from cardiac arrest but was later pronounced dead, the news agency Yonhap reported . His death is a blow to the massive worldwide fan base that Korea's "K-pop" music has attracted in recent years.
Marvin Lewis Reportedly Plans On Leaving Bengals After Season
Lewis accepted the job on January 14, 2003, when the Bengals were coming off the worst season in franchise history (2-14). Asked about the report during pregame warm-ups by a reporter for the team website, Lewis said there was "nothing to it".