Universal Music’s licensing agreement with TikTok set to expire

(Reuters) – Universal Music Group’s agreement with TikTok will expire on Jan. 31 and the companies have not agreed on new terms, which will mean the music label will cease licensing content to TikTok and TikTok Music services, it said on Tuesday.

(Reporting by Utkarsh Shetti in Bengaluru; Editing by Rashmi Aich)