Facebook recently entered into a global licensing deal with Saregama to bring this India-based music label’s vast catalogue of songs to its core platform and Instagram, per a Reuters report.
While the terms of the deal were not disclosed, this partnership will allow users to add the label's music across various formats like videos, stories via music stickers, and other creative content on Facebook and Instagram. Users will also be able to add songs to their Facebook profile.
Formerly known as The Gramophone Company of India, Saregama owns the largest music archives in India with a rich catalog of over 100K songs in different genres in more than 25 languages.
Facebook’s shares have returned 12.1% on a year-to-date basis, outperforming the industry’s 11.3% in the same period, gaining from robust user growth and engagement amid the pandemic-caused disruption.
Facebook, Inc. Price and Consensus
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
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Facebook recently entered into a global licensing deal with Saregama to bring this India-based music label’s vast catalogue of songs to its core platform and Instagram, per a Reuters report.
While the terms of the deal were not disclosed, this partnership will allow users to add the label's music across various formats like videos, stories via music stickers, and other creative content on Facebook and Instagram. Users will also be able to add songs to their Facebook profile.
Formerly known as The Gramophone Company of India, Saregama owns the largest music archives in India with a rich catalog of over 100K songs in different genres in more than 25 languages.
Facebook’s shares have returned 12.1% on a year-to-date basis, outperforming the industry’s 11.3% in the same period, gaining from robust user growth and engagement amid the pandemic-caused disruption.
Facebook, Inc. Price and Consensus
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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