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Market Closed -
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5-day change | 1st Jan Change | ||
| 27.58 EUR | +2.22% |
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+2.99% | +6.86% |
| Apr. 13 | SAG-AFTRA union secures AI protections for artists in deal with major record labels | RE |
| Apr. 11 | Taylor Swift music back on TikTok despite fight with Universal Music, FT reports | RE |
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UMG does not plan to renew its current agreement with TikTok, which expires
In a press release, UMG accused TikTok - which reportedly earned nearly
In particular, TikTok and Universal failed to agree on payments for AI-generated recordings using UMG properties. In addition, TikTok did not take appropriate steps to quickly remove content that violated the label's copyright, UMG says.
Photo Raph_PH (CC)
© The Content Exchange, source
| 1st Jan change | Capi. | |
|---|---|---|
| +6.86% | 53.63B | |
| -13.70% | 6.1B | |
| +5.24% | 2.59B | |
| -34.16% | 1.61B | |
| +42.86% | 1.55B | |
| -12.05% | 1.37B | |
| -6.29% | 369M | |
| +36.33% | 181M | |
| -6.10% | 162M | |
| -10.20% | 130M |
UNIVERSAL MUSIC GROUP N.V. 
