Taylor Swift's music returns to TikTok after Universal Music agrees new licensing deal, ending spat
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 02 2024
0mins
Source: CNBC
- Universal Music Group (UMG) and TikTok Licensing Agreement: UMG, the record label for artists like Taylor Swift, reached a new licensing deal with TikTok to resolve their dispute.
- Return of Artists' Music on TikTok: The agreement will bring back music from UMG artists, including Taylor Swift's songs, to the TikTok platform.
- Dispute Background: Earlier this year, TikTok removed UMG artists' songs due to disagreements over content licensing terms.
- Issues Raised by UMG: UMG accused TikTok of offering low payment rates to artists and allowing unauthorized AI-generated songs on its platform.
- New Deal Objectives: The new deal aims to enhance compensation for songwriters and artists, promote their work, and protect against unauthorized AI-generated music.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
