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Snap Rises on Report of Talks With Major Record Labels

Rob Lenihan

is talking with major record labels to expand the ways users can include music in posts on its flagship Snapchat app, The Wall Street Journal reported Friday. Citing people familiar with the matter, the Journal said that while Snap over time has secured case-by-case licenses to use individual artists' music on the platform, it is now seeking broad rights to the catalogs of Universal Music Group, Sony Music Entertainment and Warner Music Group. The licences wouldn't let Snap create on-demand music service like Spotify or Apple Music.