Facebook Hopes To Gather Music Videos With Recording Industry Deals

The relationship between YouTube and the recording industry has been a fraught one, with the latter group claiming the former creates a “value gap” that does not adequately compensate musicians for video views on the Google-owned platform. YouTube has mostly shrugged off these accusations, but now, the labels are discussing business with a company that could add some pressure to the situation: Facebook. According to a Bloomberg report, recording industry professionals are talking to the video-hungry social media giant about deals that could license popular songs for distribution on your News Feed.

The Bloomberg report indicates that preliminary deals would cover user-generated takes on licensed tracks rather than official music videos themselves, though there would be room for more expansive partnerships in the future. Facebook telegraphed its interest in cozying up to the recording industry when it hired Tamara Hrivnak, a veteran of both YouTube and Warner Music, as its global music strategy lead.

There are a couple potential snags that could stand in the way of deals between labels and Facebook. YouTube has become a go-to source for music videos because they are e

asy to find and play, but Facebook is still asserting itself as an on-demand video destination, so it might not be able to create the same “jukebox” feel viewers can find on YouTube. In addition, Facebook has still not finalized its answer to YouTube’s Content ID platform, and if labels can’t easily claim and monetize uploads related to their songs, they’re not going to get excited about bringing their content to Facebook.

Subscribe to get the latest creator news

Subscribe

“Facebook is a very valuable company, making a lot of money, and in part because of the music on the site,” said David Israelite, the president of the National Music Publishers Association. “We are looking forward to being business partners with Facebook. If that doesn’t happen, you’ll see the situation turn very quickly.”

The ball is clearly in the music industry’s court right now. Unlicensed uploads are going to come to Facebook no matter what, and the social platform can use the “safe harbor” provision of the Digital Millennium Copyright Act as a sturdy legal defense. That said, this is also an opportunity for labels. Make nice with Facebook, and they could wrangle some more favorable relations with YouTube as a result.

Share
Published by
Sam Gutelle

Recent Posts

Soccer media brand Footballco is coming to America with several key hires

Footballco is betting on the growth of soccer in the United States. Over the past few…

2 days ago

MatPat-founded Theorist reveals new apparel brand at ‘Creator in Fashion’ show

As the co-host of the Creators in Fashion show that took place on April 25, Matthew Patrick (a.k.a. MatPat)…

2 days ago

Millionaires: Nicole Coenen is the internet’s favorite lesbian lumberjack

Welcome to Millionaires, where we profile creators who have recently crossed the one million follower…

2 days ago

YouTube salutes its Shorts as ad revenue soars to $8.1 billion in Q1 2024

Alphabet's earnings report for the first quarter of 2024 sent its stock price soaring sky-high.…

3 days ago

Snap stock jumps 25% after Q1 earnings beat projections. Also, 9 million people are now paying for Snapchat+.

Snap has had a rocky couple of years: several quarters of flat growth or declines,…

3 days ago

On the Rise: Rob can heal your workplace wounds

Welcome to On the Rise, where we find and profile breakout creators who are in…

3 days ago