Connect with us

Hi, what are you looking for?

Your Profit SpringYour Profit Spring

Tech News

TikTok loses Taylor Swift, Drake, and other major Universal Music artists

Major artists like Swift have been removed from TikTok. | Photo by Buda Mendes/TAS23/Getty Images for TAS Rights Management

Universal Music Group (UMG) has started removing the music catalogs of performers the label represents — including Taylor Swift, Drake, and Olivia Rodrigo — from TikTok after negotiations to renew licensing agreements broke down this week. The previous licensing agreement between UMG and TikTok expired on January 31st.

On Tuesday, UMG accused the video platform of attempting to bully it into accepting a “bad deal” that didn’t soothe the record labels’ concerns regarding adequate compensation for artists and songwriters, protections against AI-generated music, and online safety on the platform to protect artists from “hate speech, bigotry, bullying and harassment.” TikTok responded saying that it was “disappointing” that UMG had “chosen…

Continue reading…

You May Also Like

Business

Chinese bargain retailer Temu changed its business model in the U.S. as the Trump administration’s new rules on low-value shipments took effect Friday. In recent days,...

Tech News

The latest Netflix app update will require Apple devices to run iOS 17 or later. | Illustration by Alex Castro / The Verge The...

Tech News

The new adaptive charging feature could help to save power and preserve the life of controller batteries. | Photo by Amelia Holowaty Krales /...

Business

U.S. pharmacy chain Rite Aid on Monday filed for bankruptcy protection for the second time in as many years, according to a court filing....