Facebook, which had 2.7 billion monthly active
users in the last quarter, said it inked deals with Sony Music
Group, Universal Music Group, Warner Music Group among others.
(https://bit.ly/3hTXY0D)
Universal as a group is home to Taylor Swift, Lady Gaga and Post
Malone, while Sony's big names include Beyonce, Mariah Carey and
Alicia Keyes. All the three music houses boast a host of back
catalogues.
Bloomberg News first reported the news earlier on Friday.
(Reporting by Neha Malara and Radhika Anilkumar in Bengaluru;
editing by Patrick Graham and Maju Samuel)
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