UMG Threatens TikTok Pullout Over Artist Pay, AI Concerns
Universal Music Group says it will pull its entire music catalog from TikTok when its contract expires on Jan. 31, 2024, accusing TikTok of not fairly compensating artists and attempting to undermine the value of music through AI-generated content. UMG's catalog includes megastars like Taylor Swift, BTS, Drake, Ariana Grande,…