After signing a deal with ShareChat’s short video platform Moj, the Tips music company has now signed a global licensing deal with Facebook. The famous music label announced this deal on December 28,2020 in a press release.
The deal will allow Facebook and Instagram users to add Tips’ music catalogue to their posts and stories.
Since apps like Facebook and Instagram offer a large market for short video contents, licensing music from various music labels have become necessary.
Facebook had previously signed licensing deals with other music labels like Indian Performing Rights Society, Zee Music, T-Series and Yash Raj Films. These licensing deals ensure that the users create content without worrying about copyright issues.