Meta

From YouTube’s 80m Music and Premium subs to Meta’s 11,000 layoffs… it’s MBW’s Weekly Round-Up

Our biggest stories of the week, brought to you in association with Centtrip

Mark Zuckerberg makes 11,000 layoffs at Meta

Move was announced by Zuckerberg on Wednesday, November 9

Facebook parent Meta asks court to dismiss Epidemic Sound’s $142m lawsuit

Epidemic Sound sued Meta in July for alleged infringement

Kobalt makes up with Meta: New deal struck to license 700,000 songs for Facebook

'We’re pleased to announce that Kobalt’s repertoire is once again licensed on Meta Platforms in the US,' states memo obtained by MBW

Warner Music joins UMG in inking revenue-sharing deal with Facebook / Meta

Deal was confirmed by Warner Music CEO Steve Cooper during an earnings call