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Facebook, Universal Music strike multi-year licensing deal

(Reuters) – Facebook Inc and Universal Music Group on Thursday announced a global agreement that will enable users to upload videos featuring music from Universal’s library across the social media network as well as Instagram and Oculus. Through the agreement, which is Facebook’s first with a major record label, the ...

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Lady Gaga heads for Las Vegas concert residency

LOS ANGELES (Reuters) – Pop star Lady Gaga is swapping touring for a two-year stint in Las Vegas, joining the likes of music divas Celine Dion, Britney Spears and Shania Twain who have recently taken up concert residencies in the entertainment mecca. Gaga, 31, said on Tuesday she will start ...

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U.S. Justice Department loses music licensing appeal

WASHINGTON (Reuters) – A U.S. federal appeals court on Tuesday ruled that music licensing giant BMI did not have to abide by the Obama administration’s more restrictive interpretation of how royalties should be collected. The decision dealt a setback to the Justice Department’s effort to require Broadcast Music Inc, or ...

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