#tiktok umg

TikTok and Universal Music Group (UMG) has announced a global agreement, allowing the video-sharing social networking platform to use the latter's full music catalog and provide compensation for its recording artists and songwriters. With the agreement, which covers recorded music from artists at UMG’s labels and songwriters with Universal Music Publishing Group (UMPG), TikTok users will now be able to incorporate clips from UMG’s full catalog of music, spanning the company’s iconic labels, songwriters and global territories. TikTok also said that it will deliver "equitable compensation" for recording artists and songwriters under the music group. “We are excited to enter this new era with UMG and UMPG to continue supporting artists and songwriters, by working together to help reach music fans on TikTok. Universal Music Group (UMG) and TikTok have announced a new licensing agreement, re-allowing the platform to use UMG’s music catalog. UMG noted that this agreement is ‘multi-dimensional’, and will deliver significant industry-leading benefits for their artists, songwriters, and labels. The companies have also agreed on delivering improved remuneration for the songwriters and artists under UMG. ‘This new chapter in our relationship with TikTok focuses on the value of music, the primacy of human artistry and the welfare of the creative community’, said Sir Lucian Grainge, Chairman and CEO, Universal Music Group. Read more in our articles including "TikTok and UMG announce expanded global alliance" and "UMG and TikTok announce new music licensing agreement".