Facebook announced deals with Sony Music Group, Universal Music Group, Warner Music Group, Merlin, BMG, Kobalt and other independent music groups to launch music videos on its platform.
Facebook plans to launch music videos starting in the U. S. on Saturday after reaching deals with big and independent music companies in a move that could grab advertising dollars from Google-owned YouTube.
In a blog post, Facebook announced deals with Sony Music Group, Universal Music Group, Warner Music Group, Merlin, BMG, Kobalt and other independent music groups to launch music videos on its platform.