The music will cease for TikTok if a brand new licensing cope with Common Music Group isn’t reached by January 31. Common says it is going to pull its songs from the viral video large as the present deal expires.
Selection stories that Common Music Group is accusing TikTok of bullying UMG right into a deal value lower than its earlier association. Artist compensation and AI are additionally points getting in the best way of a brand new deal. If the deal really expires on Wednesday, UMG will pull its library from TikTok and make an enormous catalog of music unavailable on the service.
UMG stated that its settlement with TikTok is about to run out on Jan. 31. “The businesses haven’t agreed to phrases for a brand new settlement and upon expiration of the present settlement, Common Music Group, together with Common Music Publishing Group, will stop licensing content material to TikTok and TikTok Music providers,” the corporate stated in an announcement. […]
Artists on Common Music Group labels embrace Taylor Swift, Dangerous Bunny, Sting, The Weeknd, Alicia Keys, SZA, Steve Lacy, Drake, Billie Eilish, Kendrick Lamar, Rosalía, Harry Kinds, Ariana Grande, Justin Bieber, Adele, U2, Elton John, J Balvin, Brandi Carlile, Coldplay, Pearl Jam, Bob Dylan and Submit Malone.
TikTok depends closely on its licensing offers with report labels because the social community is rooted in viral movies that use common music.
TikTok supplied no remark to Selection when requested. Common Music Group supplied a prolonged case towards TikTok and what it mainly views as a shakedown. Learn the complete report right here.
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