Music Business Worldwide reports: “Warner Music Group has become the latest major music company to announce a fresh licensing deal with Meta. The agreement will enable WMG and its artists to receive a portion of revenue from the use of licensed music on Facebook creators’ posts. The deal was confirmed by Warner Music Group CEO Steve Cooper during an earnings call on Tuesday (August 9), nearly two weeks after rival Universal Music Group revealed that it had formed a similar partnership with the Facebook owner.”
Warner Music Joins UMG In Inking Revenue-Sharing Deal With Facebook/Meta
- Advertisement -
