Facebook Invests Millions For Music Rights For Videos On Their Website

certified Strife expert badge
2 mins read
Glenn also wrote about

facebook-invests-millions-for-music-rights-for-videos-on-the-website

In the past, whenever you uploaded a video on your Facebook page with some music in it, it was bound to get taken down sooner or later due to copyright claims from the artists and their labels. However, Facebook is working towards fixing this issue, so that hopefully in the near future, videos with music, aswell as covers,  can be uploaded on the massive social media website once again.

Facebook is looking into the possibility to pay a total of "hundreds of millions" of dollars to the major labels to purchase music rights to their artists' music, and with that ensure their users to be able to include music in their videos without the threat of those videos being taken down again.

The fact that this announcement was made just now is not really coincidental, as it turns out that Facebook is looking to challenge YouTube as the world's leading site for videos.
Youtube has received some backlash from the industry in the past, as they allegedly pay too little to their creators. They've also been under fire for not respecting intellectual property enough. 

Bloomberg Industry also shared some insight on the recent news:
"Getting into business with Facebook presents something of a Faustian bargain. Rights holders need a deal. Given the current legal framework for copyright online, users are going to upload video with infringing material no matter what. The onus is on rights holders to police those videos. A deal ensures they get something rather than waste resources tracking down all the illegal videos."

Facebook is very eager for this deal to go through to avoid frustration with their users as they enroll a new feature called Watch, a new Facebook hub, which is a new place for creators and pages to share their videos. Facebook is attempting to attract billions of additional advertisement revenue. They are also looking into creating their original content for the new Facebook feature.

What do you think? Does Facebook have what it takes to challenge YouTube?

Share your thoughts with us on social media!
(0 reviews)
Share this article

Related articles

Show more

THE ONES WHO LOVE MUSIC

Music
online
Eva van Kuik
Eva van Kuik
$ 0.38 PM
show profile
Amstelveen ,  Netherlands
Languages: English, Dutch
concert music photography concert photography music photographer music journalism concert reviews music industry concerts songs albums concert photographer album review music updates music strife
Eva is available now
Call anyway
Ruben Hultman
Ruben Hultman
$ 0.06 PM
I'm the ONE Songwriter & Musician, active since 2009. Solo-Artist since 2015.
show profile
Örebro Municipality ,  Sweden
Languages: English, Swedish
guitar drums piano vocals vocallessons bass song writing music strife music studio songs recording bands swedish
Ruben will be available in 5 hours 56 mins
Call anyway
Rasmus Jersborg
Rasmus Jersborg
$ 0.38 PM
show profile
tech support, music magazine
København ,  Denmark
Languages: Danish, English, Swedish
concert music strife article writing music photographer music journalism editing festival reviews concert reviews music industry music strife windows programming linux
Rasmus will be available in 14 hours 56 mins
Call anyway
Harrie van der Lubbe
Harrie van der Lubbe
Free
(16)
I'm the ONE that might be able to help you If you have difficult technical questions
show profile
Creative Developer
Tangerang ,  Indonesia
Languages: German, English, Indonesian, Dutch, Thai
singing classical choir video calls messaging agents p2p platform jakarta karawaci cmas dutch english bitterballen homebrewing stoofvlees
Harrie is offline
and available now
Callback request
Fuadit Muhammad
Fuadit Muhammad
$ 0.06 PM
show profile
Central Jakarta City ,  Indonesia
Languages: Indonesian, English
guitar blues jakarta indonesia kelapa gading programming react native javascript react
Fuadit will be available in 56 mins
Call anyway