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International Business Times
International Business Times
Business
AFP News

TikTok Reaches Music Licensing Deal With Universal, Ending Feud

TikTok Universal United States Taylor Swift UMG Universal Music Group
The Universal-TikTok deal ends closely watched negotations that saw a breakdown earlier this year as two of the most powerful players in the music and tech industries publicly criticized each other as they jockeyed for leverage (Credit: AFP)

TikTok and Universal announced a new licensing agreement Thursday, ending a months-long dispute that saw popular music expunged from the social media platform.

The companies released a joint statement that said the new deal included "improved remuneration" for artists and songwriters under the Universal Music Group (UMG) umbrella, and will also assuage concerns over the growth of AI-generated content on TikTok.

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