Facebook introducing licensed music videos in US: Report

World News

Facebook considering banning political ads: Report

Facebook is reportedly considering banning political ads amid ad boycotts and controversy surrounding hate speech on the platform. FOX Business’ Susan Li with more.

YouTube had better watch out for Facebook.

Continue Reading Below

The social media giant is expected to introduce officially licensed music videos on its platform next month in the U.S., TechCrunch first reported Tuesday.

According to the website, licensing rights currently don’t allow artists who have deals with U.S. record labels to share their full music videos on Facebook. However, music videos are reportedly already available in Thailand and India.

FACEBOOK CONSIDERING A BAN ON POLITICAL ADS: REPORT

According to TechCrunch, Facebook emailed artists’ Page owners to explain how they can make sure their music videos will automatically link to their Facebook Page, under the Video tab.

If artists give Facebook permission, the social media site will automatically add the artists’ music videos — and music videos they’re featured in — to their page, TechCrunch reported. Artists will reportedly be able to edit or remove their videos from their page.

Artists have a deadline of Aug. 1 to make that change in their settings. If they don’t, the social media site will make a new page for their music videos, according to TechCrunch.

ROLLING STONES TO RELEASE UNHEARD TRACKS FROM 1973 ALBUM

The website reported Facebook’s move will be a “significant challenge to YouTube” — which is owned by Google.

YouTube has said it paid more than $3 billion to the music industry in 2019. In previous years, the video platform has said more than 1 billion people came to its website to stream music from more than 2 billion artists, TechCrunch reported, citing YouTube's blog posts.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

Video is a major focus for Facebook, which had previously worked out licensing rights so that users could include licensed music in the background of their own personal videos on Facebook and Instagram.

According to TechCrunch, Facebook has used those agreements to test out competitors of Musical.ly and TikTok.

Ticker Security Last Change Change %
FB FACEBOOK INC. 239.73 +0.73 +0.31%
GOOGL ALPHABET INC. 1,520.86 +8.63 +0.57%

CLICK HERE TO READ MORE ON FOX BUSINESS

Source: Read Full Article