UMG, TikTok End Three-Month Royalty Dispute with New AI-Protected Deal

May 2, 2024, 09:30 AM

Universal Music Group (UMG) and TikTok have resolved their royalty dispute by entering into a new licensing agreement after a three-month standoff. This deal marks the end of a months-long standoff over royalty payments and the use of AI, allowing UMG's entire catalog, including top artists like Taylor Swift, Drake, and Lady Gaga, to return to the popular social media platform. The agreement includes terms for improved remuneration for artists and provisions for AI protections.