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Introduction

Leading social network Facebook has been slow to come to the negotiating table and sign licensing deals with music companies, lagging behind the likes of music streamer Spotify and video platform YouTube when it comes to finalizing royalty distribution agreements.

Highlights

  • The music industry, tired of waiting for Facebook to take a seat at the licensing table, has been turning the screws and issuing take-down orders to social media users sharing illicit music-based video on the platform.

Features and Benefits

  • Details the efforts made by the music industry to force Facebook to engage in licensing discussions.
  • Explains where the two sides are and what the future probably holds for the social networking platform.

Key questions answered

  • Why is the music industry pressuring Facebook into signing licensing deals?
  • How many monthly active users is Facebook expected to have at the end of 2017?

Table of contents

Ovum view

  • Summary
  • Facebook under the music licensing spotlight
  • Big potential gains for the music industry
  • Licensing deals are inevitable

Appendix

  • Author

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