TikTok and Universal Resolve Music Royalties Dispute: A Breakthrough Agreement Reached,2024

Summary:

1. Settlement Reached: TikTok and Universal Music Group resolve royalties dispute, allowing millions of songs back on the platform.
2. Artist Access Restored: Users can once again feature songs from artists like Billie Eilish and Ariana Grande in their videos.
3. Improved Compensation: Universal CEO confirms “improved remuneration” for artists under the new agreement.
4. Swift Return: Taylor Swift separately agrees to return her music to TikTok due to owning the copyright to her songs.
5. Reactivation Timeline: Restoration of Universal’s music on TikTok expected within two weeks, including audio reactivation in previously muted videos.
6. AI Concerns Addressed: Deal includes measures to prevent unauthorized AI-generated music on TikTok and protect human creativity.
7. Commitment to Collaboration: TikTok and Universal pledge to work together to develop AI tools responsibly and ensure the promotion of musical creativity while protecting artist rights.

TikTok and Universal Music Group Resolve Royalties Dispute

“TikTok and Universal Music Group Settle Royalties Dispute: Millions of Songs to Return to Platform”

TikTok has reached an agreement with Universal Music Group to resolve a dispute over music royalties. As a result, millions of songs, including those from artists like Billie Eilish and Ariana Grande, will once again be available for users to use in their videos.

The disagreement, which involved accusations regarding TikTok’s payment to Universal, led to the removal of songs from some of the world’s most famous artists. However, the two companies have now reconciled, with Universal’s CEO announcing “improved remuneration” for artists in an email to staff.

Under the new agreement, artists and songwriters will receive greater compensation than before. The restoration of Universal’s music to TikTok is expected to take less than two weeks, including the reactivation of audio in previously muted videos.

In addition to resolving the Royalties Dispute, the deal addresses concerns over AI-generated music. It includes measures to protect human artistry and prevent unauthorized AI-generated content on TikTok. Both companies have committed to working together to ensure responsible development of AI tools in the music industry.

The agreement marks a significant step in the relationship between TikTok and Universal, as they collaborate to safeguard the interests of artists while promoting creativity and fan engagement on the platform.