Facebook and Sony/ATV reach a licensing deal to let people post music videos

Facebook and Sony/ATV Music Publishing announced a multi-year licensing deal today that lets people upload and share video from Sony/ATV artists on Facebook, Instagram and the Oculus Rift platform. As part of the agreement, musicians will receive royalties for the use of their songs. Exact terms of the deal were not disclosed, but the publisher���s “songwriters will now benefit from the use of their music on Facebook,” Sony/ATV CEO Martin Bandier said in a press release. Sony/ATV’s music library includes tracks from Yeezy (Kanye West), Yeezy’s arch-nemesis Taylor Swift, Drizzy (Drake), The Chainsmokers and Queen.