TikTok and Universal resolve disagreement over music royalties
Universal and TikTok agree on music TikTok has resolved a royalties issue with Universal Music Group and will be reintroducing millions of songs to the site.
TikTok has resolved a royalties issue with Universal Music Group and will be reintroducing millions of songs to the site.
This implies that fans will be allowed to create videos using music by singers like Ariana Grande and Billie Eilish once more.
Due to a dispute about TikTok’s payment, Universal withdrew some of the most well-known artists in the world, and the two businesses exchanged allegations.
The companies have announced «improved remuneration» for artists, although they have not disclosed the exact amount of money that will be exchanged, suggesting that the split has now seemingly been repaired.
It is believed that the process of getting Universal’s music back on TikTok will take less than two weeks, since the companies stated they were «working expeditiously» to do so.
This will involve turning back the audio on videos that had been muted throughout the conflict.
The label’s most popular singer, Taylor Swift, had already consented to return her music to TikTok on her own; this was a bargain she could make because she is the owner of the rights to her songs.
«Music is an integral part of the TikTok ecosystem and we are pleased to have found a path forward with Universal Music Group,» Shou Zi Chew, CEO of TikTok.
It happens at a time when the social media network is fighting for its life in the US, where it intends to file a legal challenge against a legislation that might lead to its sale or outright prohibition.