Music giant representing Taylor Swift, Drake pulls songs from TikTok
Songs by Taylor Swift, Drake and other artists signed to Universal Media Group no longer will be available on TikTok after the world’s largest music company and the popular social media platform failed to reach a new licensing deal.
Universal’s deal with TikTok expired Wednesday and was not renewed over apparent disagreements over artificial intelligence (AI) and compensation for artists. Songs from artists affiliated with Universal will no be longer available in the TikTok library and will be removed from previously posted videos.
Universal said in an open letter Tuesday that it was unable to reach a new deal with TikTok after the platform refused to take steps to protect artists from AI and provide them “appropriate compensations.”
Universal said TikTok proposed paying the group’s artists and songwriters “at a rate that is a fraction of the rate that similarly situated major social platforms pay.”
“Today, as an indication of how little TikTok compensates artists and songwriters, despite its massive and growing user base, rapidly rising advertising revenue and increasing reliance on music-based content, TikTok accounts for only about 1% of our total revenue,” the group said in the open letter.
Universal also said TikTok is allowing the platform to be “flooded with AI-generated recordings” and tools that “enable, promote and encourage AI music creation on the platform itself.”
The group said TikTok is “demanding a contractual right” that would allow the AI content to “massively dilute the royalty pool for human artists.”
In a statement, TikTok pushed back on Universal’s claims and said it has been able to reach “artist-first” agreements with “every other label and publisher.”
“It is sad and disappointing that Universal Music Group has put their own greed above the interests of their artists and songwriters,” TikTok said.
“Despite Universal’s false narrative and rhetoric, the fact is they have chosen to walk away from the powerful support of a platform with well over a billion users that serves as a free promotional and discovery vehicle for their talent.”
Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed..