TikTok strikes new licensing agreement with Sony Music
https://techcrunch.com/2020/11/02/tiktok-strikes-new-licensing-agreement-with-sony-music/
TikTok announced this morning it has signed new licensing agreement with Sony Music Entertainment (SME) that will allow the short-form video app to continue to offer songs from Sony Music artists for use by creators on its platform. The agreement will also see the companies partnering on efforts to promote Sony artists, TikTok said.
Deal terms were not specified. But the expanded agreement will give TikTok’s creator community access to sound clips from Sony Music’s catalog of current hits, new releases, emerging favorites, iconic classics and deep cuts, TikTok noted in its announcement.