After an unsuccessful attempt at reaching a new rights
agreement, TikTok and Universal Music are parting ways, which will likely have
a significant impact on TikTok, considering that music is a key element on the platform.
The decision was announced by Universal Music, revealing
that it will pull out from TikTok on the 1st of February, after a partnership of 3 years. The music company also claimed that the reason behind
its withdrawal has been due to TikTok’s offered deal being insufficient to compensate for
its artists and protection regarding generative AI.
“Upon expiration of the current agreement, Universal Music Group, including Universal Music Publishing Group, will cease licensing content to TikTok and TikTok Music services,” adds the music company.