Facebook Steps Onto YouTube Turf With Universal Music Deal

A customer puts back a guitar on display at the Swee Lee Holdings Pte Star Vista Lifestyle Store in Singapore (Photographer: Wei Leng Tay/Bloomberg)  

Facebook Steps Onto YouTube Turf With Universal Music Deal

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(Bloomberg) -- Facebook Inc. signed a multiyear licensing deal that lets the social network carry songs and artists from the world’s biggest record label, Universal Music Group, across its platforms.
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