"Universal Music Strengthening Ties with Spotify Amid TikTok Dispute"

Universal Music Group has expanded its strategic relationship with Spotify, allowing for new promotional and social tools for UMG artists on the platform, as well as the distribution of music videos in the US through a new agreement with Universal Music Publishing Group. This comes after Universal's licensing dispute with TikTok, which led to the loss of UMG's catalog on the app. The new deal with Spotify aims to enhance engagement and monetization opportunities for artists and songwriters, with features such as teasers for upcoming music releases and plans for additional tools to drive fan interaction and discoverability.