Universal Music Group Removes Top Artists' Songs from TikTok Due to Failed Deal

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Source: NBC News
Universal Music Group Removes Top Artists' Songs from TikTok Due to Failed Deal
Photo: NBC News
TL;DR Summary

Universal Music Group is set to remove its artists' music from TikTok due to failed negotiations over compensation for artists and songwriters. UMG claims that TikTok proposed paying a fraction of the rate that other major social platforms pay, while TikTok accuses UMG of prioritizing greed over the interests of artists and songwriters. UMG also expresses concerns about copyright infringement, hate speech, and bullying on the platform. Despite TikTok's ability to sign deals with other major music labels, UMG is moving forward with the removal of its music from the platform.

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