UMG and TikTok have resolved their months-long licensing dispute by signing a new agreement. The agreement includes improved royalty payments for artists and restrictions on AI-generated music.
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Universal Music Group shared concerns about TikTok and warned it of removing its songs from its music catalog following their contract expiring. Today, TikTok has responded to their open letter.
Snap has announced a licensing deal with Universal Music Group. It will allow Snapchat users to include UMG music in their Snaps through the Sounds and Lenses features to make content more engaging.
TikTok and Universal Music Group have struck an agreement to provide TikTok users with access to licensed songs from artists at UMG's labels and songwriters at Universal Music Publishing Group.
Spotify has signed a new, global multi-year licensing agreement with Universal Music Group, that secures its massive catalog for streaming. The firms didn't disclose terms of the agreement.
YouTube and Universal Music Group have partnered in order to remaster hundreds of old music videos with HD video and better audio quality. The enhanced videos can be found at the original videos' URL.