Facebook Inc said on Friday that its users in the United States would be able to view and share official music videos on its platform, in a move to better compete with Alphabet Inc’s video platform YouTube.
Facebook, which had 2.
7 billion monthly active users in the last quarter, said it inked deals with Sony Music Group, Universal Music Group, Warner Music Group among others.
ly/3hTXY0D) Universal as a group is home to Taylor Swift, Lady Gaga and Post Malone, while Sony’s big names include Beyonce, Mariah Carey and Alicia Keyes.
All the three music houses boast a host of back catalogues.
Bloomberg News first reported the news earlier on Friday.