Universal Music Group, TikTok reach licensing deal

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Universal Music Group (UMG.AS) has secured a licensing agreement with popular social media platform TikTok. This deal will allow the return of music from Universal's roster of artists to the platform, addressing three critical issues that had previously been a point of contention: appropriate compensation for artists, protections from artificial intelligence, and online safety precautions for TikTok users.

Yahoo Finance's entertainment reporter Alexandra Canal breaks down the details.

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This post was written by Angel Smith