May 23, 2024

Common Music Group says it can pull its whole catalog of music from TikTok after failing to succeed in a cope with the platform.

A few of Common’s prime expertise contains artists like Taylor Swift, Drake, Unhealthy Bunny and Billie Eilish, whose music is a part of the 78,000 albums included on TikTok. 

The information comes as Common’s contract with TikTok is about to run out on Jan. 31. As a result of an settlement with the platform couldn’t be reached, the music group stated it can pull all of its songs after that date.

“In our contract renewal discussions, now we have been urgent [TikTok] on three important points — applicable compensation for our artists and songwriters, defending human artists from the dangerous results of AI, and on-line security for TikTok’s customers,” Common stated in an open letter.

When it comes to compensation, Common accused TikTok of providing artists and songwriters a fraction of what different equally located social media platforms do. The music group stated regardless of TikTok’s person base and quickly rising promoting income, TikTok solely accounts for about 1% of Common’s complete income.

“In the end TikTok is attempting to construct a music-based enterprise, with out paying honest worth for the music,” the corporate stated.

However TikTok fired again with an announcement of its personal, accusing Common of appearing greedily.

“It’s unhappy and disappointing that Common Music Group has put their very own greed above the pursuits of their artists and songwriters,” TikTok stated.

“Regardless of Common’s false narrative and rhetoric, the very fact is that they have chosen to stroll away from the highly effective assist of a platform with properly over a billion customers that serves as a free promotional and discovery automobile for his or her expertise,” stated TikTok.

The platform stated it has been profitable in reaching “‘artist-first’ agreements with each different label and writer, including, “clearly, Common’s self-serving actions usually are not in the very best pursuits of artists, songwriters and followers.”

In its preliminary assertion, Common additionally stated TikTok tried to “bully” the corporate into accepting a deal.

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