Universal said TikTok wanted to pay a "fraction" of the rate paid by other social media sites.
TikTok also benefits greatly from access to Universal's catalog and being cut off would be a blow to creators and users.
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Universal said TikTok wanted to pay a "fraction" of the rate paid by other social media sites.
TikTok also benefits greatly from access to Universal's catalog and being cut off would be a blow to creators and users.