"The companies have not agreed to terms for a new agreement and upon expiration of the current agreement, Universal Music Group (UMG), including Universal Music Publishing Group, will cease licensing content to TikTok and TikTok Music services," it read.
Describing TikTok as "an increasingly influential platform with powerful technology and a massive worldwide user base", UMG explained how it retains concerns after "pressing them on three critical issues, appropriate compensation for our artists and songwriters, protecting human artists from the harmful effects of AI, and online safety for TikTok's users."
[
add
]
[
|
|
...
]