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T3
T3
Technology
Sam Cross

Universal rips up TikTok licensing deal and explains why

TikTok stock.

Universal are set to let their current licensing agreement with TikTok expire this summer without negotiating a renewal. That's according to an open letter posted to the site of the dominant music publishing companies' website.

The letter states that negotiations have centred around three pillars: appropriate compensation, protection from AI impersonation and online safety for TikTok users. I'm sure you can guess which pillar has become the sticking point.

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