Mark Zuckerberg is the 6th richest person on the planet. Facebook is the 6th largest company in the world by market cap. By any measure Facebook is the world’s largest media company and hosts millions of music video performances a day. Yet unlike every other media company that regularly hosts and performs music it appears Facebook does not pay any fees to songwriters. Word on the street is the company knows this is likely illegal yet they are refusing to get licenses.
Over the last few years musicians and songwriters have had a lot to say about paltry royalties (and non payment) from digital services like YouTube and Pandora. But at least these companies bothered to get licenses and (most of the time) pay songwriters. Facebook apparently flat out refuses to pay and thinks they don’t need licenses.
Looked at another way, of the 6 richest men in…
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