In December 2017, Universal Music Group acquired the catalogues of Stiff Records and ZTT Records, along with Perfect Songs Publishing, from Trevor Horn's SPZ Group. That same month, UMG signed a global, multi-year agreement with Facebook becoming the first of The "Big Three" to license its recorded music and publishing catalogs for video and other social experiences across Facebook, Instagram and Oculus. Sony and Warner signed similar contracts with Facebook the following year. Furthermore, on December 19, 2017 UMG signed a multi-year licensing agreement with YouTube