Universal Music Group plans to pull song catalog from TikTok
https://techcrunch.com/2024/01/30/universal-music-group-plans-to-pull-song-catalog-from-tiktok/
Universal Music Group (UMG), the label representing artists including Taylor Swift, Billie Eilish and Ariana Grande, says that it’ll pull its music from TikTok tomorrow at midnight after failing to reach a deal with the platform’s parent company, ByteDance, over royalties.
UMG won’t seek to renew its current arrangement with TikTok, set to expire on January 31, and plans to cease licensing content to both TikTok and its music-focused platform, TikTok Music.
Universal Music Group plans to pull song catalog from TikTok
Wed Jan 31, 1:24am UTC
https://techcrunch.com/2024/01/30/universal-music-group-plans-to-pull-song-catalog-from-tiktok/
> Universal Music Group (UMG), the label representing artists including Taylor Swift, Billie Eilish and Ariana Grande, says that it’ll pull its music from TikTok tomorrow at midnight after failing to reach a deal with the platform’s parent company, ByteDance, over royalties.
> UMG won’t seek to renew its current arrangement with TikTok, set to expire on January 31, and plans to cease licensing content to both TikTok and its music-focused platform, TikTok Music.