By: Economic & Finance Report

Powerhouse music company Universal Music Group (UMG.AS) and global social media platform TikTok have reached a tentative licensing agreement. The agreement allows UMG’s artist roster to be placed back on TikTok, as it had been removed previously.

The quarrel before between the two media companies had been conflicts of the use of A.I. (artificial intelligence), the proper and fair compensation for UMG artists on the TikTok platform, and online safety protections for TikTok users. – SB

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Universal Music Group, TikTok reach licensing deal (yahoo.com)

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