The copyrighted music tracks that had been removed a few weeks ago from Facebook and Instagram as a result of the difficult negotiations involving Meta and SIAE are now available again. The solution found by the parties is provisional and consists in the extension of the same conditions provided for in the licence agreement that expired in 2022 – for the time being, only until 6 October 2023.
The issue, therefore, certainly cannot be considered solved, but the agreement undoubtedly constitutes an important step in the definition of a new understanding – as well as being advantageous for both parties.
In fact, Meta, on the one hand, will be able to benefit for a few more months from the more favourable conditions set out in the old licence agreement – and will be able to turn around on the point of the removal of music tracks, which had also been the subject of an investigation by the Italian Antitrust Authority for the abuse of economic dependence to the detriment of the music market – and SIAE, on the other hand, will be allowed to continue to effectively protect authors even during the negotiations.