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Universal Music Group is set to pull its music from TikTok.
The corporate home to Taylor Swift, Billie Eilish, and Drake is preparing to stop licensing its music to TikTok, due to disagreements over issues like artist compensation and AI, Variety reports.
In an open letter to the artist community, UMG claims “TikTok attempted to bully us into accepting a deal worth less than the previous deal, far less than fair market value and not reflective of their exponential growth.” Its current licensing agreement with TikTok expires on January 31.
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