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Facebook signs Licensing Deal with Saregama, Amazon and Slack sign Licensing Deal, OTT Release of Films irks Multiplex Owners and more
Facebook signs Licensing Deal with Saregama, Amazon and Slack sign Licensing Deal, Spotify and Saregama Sign Licensing Deal for India, OTT Release of Films irks Multiplex Owners and Gilead Inks Licensing Deal with Cipla for Remdesivir.
Facebook signs Licensing Deal with Saregama
Saregama recently signed a licensing deal with Facebook, which was just a couple of weeks after it signed a similar deal with Spotify, the music streaming platform. This deal will allow Facebook users to access Saregama’s wide range of music and add it to their videos, stories including their Facebook profile, via music stickers and other creative content.
Since India hosts the largest number of Facebook users, the social media platform has signed similar licensing deals with Yash Raj Films, Zee Music Company and T-series. Facebook users globally, can now use and share Indian music owned by Saregama.
Amazon and Slack sign Licensing Deal
Slack, a business communication platform developed by American software company Slack Technologies, will now be made available to all Amazon employees. Earlier, only few of Amazon’s teams were using Slack’s workplace collaboration tools, but now the entire organisation will have access to these tools. Additionally, Slack will also be relying on Amazon Web Services (AWS), to update its own video-calling feature, by taking advantage of an AWS service called Chime. This new deal between Amazon and Slack will help the two companies to compete with Microsoft, which has also developed an in-house communication service called Teams. Microsoft’s Teams, has recently been gaining popularity in comparison to Slack. This is mainly because, organisations have now been looking at software that can remotely connect people during the COVID-19 pandemic.
Slack and Amazon have been working together since before this deal. Since 2014, Slack has been running its service on AWS, and has continued to do so, especially due to the increased demand for its services amid the COVID-19 pandemic. As part of this new deal, Slack will pay Amazon USD 425 million over a period of five years which will end in April 2025.
Spotify and Saregama Sign Licensing Deal for India
Spotify, the music streaming platform has recently partnered with Saregama, the oldest music label in India, to enable Spotify users to gain access to Saregama’s music catalogue. This extensive catalogue consists of a variety of music from films, including Carnatic, Hindustan classical and devotional music in over 25 l