Universal x TikTok and Spotify's lyrics move: Talking Trends
Update: 2024-05-09
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On this episode of Music Business Worldwide's Talking Trends, MBW founder, Tim Ingham, is once again joined by Charlie D'Atri, to discuss two key recent headlines from the world of entertainment:
(1) Universal Music Group's kiss-and-make-up announcement with TikTok over the two companies' new deal, via which UMG says it's being paid more handsome compensation than it was previously;
(2) Spotify quietly moving access to lyrics behind a 'paywall' – i.e. making lyrics a Premium-only perk.
People and companies mentioned on this Talking Trends podcast include: Spotify, Universal Music Group, TikTok, Taylor Swift, Billie Eilish, Sir Lucian Grainge, MySpace, Musixmatch, RIAA, SiriusXM, Michael Nash, WimP, TIDAL, and more.
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