TikTok and Universal Music Group (UMG) have signed a new licensing agreement, ending a months-long dispute over royalties.
The two companies had ended their license agreement earlier this year, resulting in TikTok removing music from UMG from the platform, including work by its biggest artists such as Taylor Swift, Billie Eilish, Drake and Kendrick Lamar.
In January, UMG released an open letter accusing the platform of attempting to “bully” and “intimidate” them into “accepting…
