Universal Music Group Surprises the social network Tik Tok and its users. In an open letter published this Wednesday, January 31, Major announced that he intends to withdraw all titles from his artists. Tik Tok.
This Wednesday, users of Tik Tok Making their videos will face a new ban. Universal Music Group It has decided to remove all the titles of its artists from the social network. This will be grounds for withdrawal Remuneration problem
. UMG the accused Tik Tok no” Building a music-based business without paying fair value for music ” Negotiations between the two companies took a bad turn: ” TikTok tried to bully us into accepting a deal worth less than the previous deal, which is below fair market value and doesn’t reflect their exponential growth. According to UniversalThanks to the fundraiser Tik Tok represents 1% of turnover total label.Tik Tok Defended himself by pointing Bad mentality of UMG : “ It is sad and disappointing that Universal Music Group has put its own greed before the interests of its artists “Indeed, Tik Tok has become a real platform for music discovery. Such is the magnitude of the phenomenon that Billboard has created a series entirely dedicated to it. Universal’s exclusion from the network meant the cessation of use of songs by major artists such as: Drake, Kendrick Lamar, SZA, Kanye West, Rihanna Or Nicky Meenaj This is a big loss for content creators who now have to do without the music of these artists.
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