To avoid paying major labels “hundreds of millions” of dollars in guaranteed payouts, ByteDance and TikTok have opted for another route to secure music licenses. With licenses now expired in the app, the Chinese conglomerate referred collecting societies PRS for Music, STIM, and GEMA, along with ICE – STIM and GEMA’s joint venture licensing hub […]
The post PRS, STIM, GEMA, ICE Slam TikTok as ‘Unlicensed’ as Talks End In Stalemate appeared first on Digital Music News.