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Meta, Universal Music Group enter expanded global agreement

Meta (META) and Universal Music Group (UMGNF) announced an expanded global, multi-year agreement that will further evolve the creative and commercial opportunities for UMG artists and Universal Music Publishing Group songwriters across Meta’s global network of platforms, including Facebook, Instagram, Messenger, Horizon, Threads and, for the first time, WhatsApp. The companies said, “The new agreement reflects the two companies’ shared commitment to protecting human creators and artistry, including ensuring that artists and songwriters are compensated fairly. As part of their multifaceted partnership, Meta and UMG will continue working together to address, among other things, unauthorized AI-generated content that could affect artists and songwriters.”

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