UMG Says TikTok Is Not a ‘Material Part’ of Global Music Promotion ...Middle East

Universal Music Group chairman/CEO Lucian Grainge addressed the company’s ongoing licensing dispute with TikTok in its latest earnings call on Wednesday (Feb. 28), saying: “there must not be free rides for massive global platforms such as TikTok that refuse to meaningfully address issues around AI platform safety or pay their fair share for our artists’ and songwriters’ work.” Related Universal Music Annual Revenue Crosses $12B After Strong Q4 for Recorded Music

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