TikTok Is Talking to UMG Again, But Washington May Hold The Keys to Its Future 

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TikTok Is Talking to UMG Again, But Washington May Hold The Keys to Its Future 
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TikTok and Universal are talking, but Congress may decide its fate first as a bill forcing ByteDance to divest was attached to a foreign aid package.

has returned to the bargaining table with Universal Music Group , but a fast-tracked Congressional bill that could result in the platform being sold, or, as a last result, banned in the United States may reach PresidentA source familiar with the talks says Bytedance — the Chinese company that owns TikTok — has returned to the bargaining table with UMG after the label group pulled its music from the social media platform at the end of January citing its refusal to address three “critical”...

One of the first slides, titled “TikTok Has Rapidly Evolved From an Entertainment to a News Platform, Enormously Expanding Its Influence on The U.S. Population,” includes a graph built from Pew Research Center data that shows 43% of TikTok users regularly got their news from the platform in 2023, nearly double the 22% that did so in 2020. Only X and Facebook were higher. And nearly a third of that 43% were adults under 30 years of age.

A TikTok spokesperson responds: “There is absolutely no evidence to these assertions. We have clear rules prohibiting deceptive behaviors.” The music industry’s view of the proceedings in Washington is mixed. The perspective of artists and songwriters is arguably best expressed byto tech platforms urging them to stop using AI “to infringe upon and devalue the rights of human artists.”

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