Read Universal Music CEO Lucian Grainge's Letter to Staff on TikTok Settlement: ‘Human Artistry Must Be Respected'
In the wee hours of Thursday - 2:35 a.m, ET, to be precise - Universal Music Group and TikTok announced the settlement of their three-month standoff over royalties, AI policies and other issues. The battle was significantly disruptive to the industry but most of all to artists,