Universal Music Group, the world's largest music company, has threatened to remove all of the music it owns from TikTok, unless the streaming platform agrees to more favorable terms.

Universal Music Group said it failed to reach new licensing terms with TikTok -- and that as such, it will no longer license content to the app.

Universal Music Group ended its licensing agreement with TikTok, which means many popular and emerging artists who use the social platform won't be able to post music there.

Amid the rancor, music by Universal Music Group artists including Taylor Swift, Billie Eilish, Olivia Rodrigo and Ice Spice vanished from TikTok. Songs placed on existing videos were muted.

Even before Universal Music Group removed its catalog from TikTok in the early hours of Thursday, artists with the label were on the platform sounding the alarm. "I have a new song coming out.

The music group’s revenue rose 9.6% year-over-year in constant currency, bringing in 2.93 billion euros. This came in above analysts’ estimates of 2.89 billion euros, according to Visible Alpha.

TikTok got a lot quieter after Universal Music Group took its music off the app amid stalled negotiations on payment, AI, and safety. With UMG now calling TikTok’s position ‘woefully outdated ...

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