Music Industry Dispute: Universal Threatens TikTok Over R0yalties
Introduction The Music Industry Dispute between Universal Music Group and TikTok has escalated, with Universal threatening to remove its music catalog from the platform due to a Music Industry Dispute over royalties. This move could potentially impact over 1 billion TikTok users who enjoy streaming hits by popular artists like Taylor Swift, Ariana Grande, and Rihanna. The Music Industry Dispute highlights the ongoing struggle within the music industry to ensure fair compensation for artists and songwriters, especially in the digital age where platforms like TikTok thrive. The Music Industry Dispute Over Royalties Universal Music Group issued an open letter addressing the need to reassess its licensing agreement with TikTok, which is set to expire imminently. Central to the negotiations is the issue of “appropriate compensation” for artists and songwriters, an area where Universal believes TikTok falls short. The platform, owned by ByteDance, proposed a payment rate significantly l