Kobalt is pulling its 700,00 songs off Facebook and Instagram. Is the Music Biz headed for a historic bust-up with META?
Why is Kobalt taking this action? According to a memo sent to Kobalt writers and partners yesterday (July 23), obtained by MBW, Kobalt’s existing US licensing deal with Meta (parent company of Facebook and Insta) has expired – and the two parties have failed to reach a new agreement. – by Tim Ingham / Music Business Worldwide
