The multi-year deal will allow artists associated with Sony/ATV — whose catalog includes Bob Dylan, Taylor Swift and Ed Sheeran — to earn royalties from the use of their music on the social media platforms.
Facebook's deal with Sony/ATV follows a similar deal with Universal Music Group in December, to retain users and attract advertisers. (Reporting by Sonam Rai in Bengaluru; Editing by Shounak Dasgupta)Facebook, Sony/ATV sign music licensing deal
Philippe Wojazer
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