Universal Music Group and TikTok strike new music licensing agreement

Drizzy and Taylor fans will be happy about this!

Universal Music Group recently pulled all their music from TikTok, leaving fans and artists frustrated.

This was all over royalties paid out by TikTok.

Now, the two companies have come to an agreement that will see the music by artists represented by UMG return to TikTok.

Sir Lucian Grainge, chairman and CEO of Universal Music Group, said in a statement: “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. We look forward to collaborating with the team at TikTok to further the interests of our artists and songwriters and drive innovation in fan engagement while advancing social music monetization.”

“Music is an integral part of the TikTok ecosystem and we are pleased to have found a path forward with Universal Music Group,” TikTok CEO Shou Chew added in a statement. “We are committed to working together to drive value, discovery and promotion for all of UMG’s amazing artists and songwriters, and deepen their ability to grow, connect and engage with the TikTok community.”

So get ready for Swifties and Drake fans dancing to their favourite songs on the social media app soon!

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