TikTok and Universal Music Group End Royalty Dispute With New Licensing Agreement

After a months-long dispute over royalties that pushed Universal Music Group (UMG) to pull its music catalog from TikTok, the two companies have announced a new "multi-dimensional licensing agreement" that will "deliver significant industry-leading benefits for UMG's global family of artists, songwriters and labels and will return their music to TikTok's billion-plus global community."UMG's previous licensing deal with TikTok expired at the end of January, following failed negotiations for a ren...