latest-news-headlines Market Intelligence /marketintelligence/en/news-insights/latest-news-headlines/music-publishers-threaten-to-sue-tiktok-for-copyright-infringement-8211-ft-57919103 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Music publishers threaten to sue TikTok for copyright infringement – FT

The Evolution Of ESG Factors In Credit Risk Assessment: Corporate Governance

Industry Top Trends 2021: Metals and Mining

TMT News & Research: 2020 Recap

Blog

Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs


Music publishers threaten to sue TikTok for copyright infringement – FT

An organization representing music publishing companies such as Vivendi SA's Universal Music Group Inc. threatened to sue TikTok Inc. for alleged copyright infringement, London's Financial Times reported April 4, citing four sources.

Sources said some holders of music rights claimed the Beijing Byte Dance Telecommunications Co. Ltd.-owned video app does not have sufficient licenses for the songs used in TikTok videos.

With an estimate of over 50% of the music publishing market not licensed with the Chinese-owned app, a lawsuit is a "likely future step," according to National Music Publishers Association CEO David Israelite's statement to Financial Times. NMPA represents creators in the music industry, including publishers and songwriters, in the U.S.

According to sources, Universal Music Publishing Group Inc. wants payment for lost royalties in any licensing agreement.

While ByteDance already signed a licensing agreement with independent record labels represented by rights agency Merlin Network, it is still in talks to secure licensing deals with Universal Music, Warner Music Group Corp. and Sony Corp.'s Sony Music Entertainment Inc. as of January.