#universal music group

Universal Music Group (UMG) and TikTok have announced a new licensing agreement, re-allowing the platform to use UMG’s music catalog. ‘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. ‘Music is an integral part of the TikTok ecosystem and we are pleased to have found a path forward with Universal Music Group. Universal Music Group (UMG) has recently removed their catalog of music from the video-sharing giant TikTok after almost three years this week. 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. Read more in our articles including "UMG and TikTok announce new music licensing agreement" and "TikTok and UMG bump heads amid fallen contract renewal negotiations".