“This partnership will allow users to choose from a wide variety of music to add to their social experiences such as videos, stories via music stickers and other creative content. People will also be able to add songs to their Facebook Profile,” Saregama
said in a press release.
Formerly known as 'The Gramophone Company of India Ltd', Saregama
owns the largest music archives in India, one of the biggest in the world. The ownership of nearly 50 per cent of all the music ever recorded in India also makes Saregama the most authoritative repository of the country’s musical heritage.
Meanwhile, the board of directors of Saregama India is scheduled to meet on Friday, June 5, 2020 to consider and approve audited financial results of the Company for the quarter and financial year ended March 31, 2020 and recommendation of dividend, if any.