Legislation banning TikTok is coming this week. How will it affect the music industry?

  • 📰 latimes
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 82%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

While the legislation would have profound impacts across the tech, political, entertainment, media and marketing worlds, music may be hit especially hard.

On Tuesday, the U.S. Senate passed a bill that would force TikTok's China-based parent company to sell the popular app, or it would be blocked in the U.S. While the legislation would have profound impacts across the tech, political, entertainment, media and marketing worlds, music may be especially affected. TikTok's first incarnation was as a lip-syncing app, Musical.ly, and the app dominates music discovery for young listeners. If the app were banned in the U.S.

Sarah Flanagan, a former senior director of digital marketing at Columbia Records , said that “TikTok hasn’t figured out a way to compensate artists or labels fairly for the amount of music that gets used. As great as it’s been for music discovery, I hope this works, because TikTok’s system for compensating artists is either not good enough or they don’t care enough.” Yet labels' and publishers' main complaint is that the service isn't paying enough for rights to their catalogs.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

House passes legislation that could ban TikTok in the U.S.The company said the legislation would 'trample the free speech rights' of TikTok users.
Source: CBSNews - 🏆 87. / 68 Read more »

House passes legislation that could lead to a TikTok banRooted in fact-based, transparent reporting, Newsy is an award-winning opinion-free network owned by the E.W. Scripps Company that is relentlessly focused on “the why” of every story and seeks to enable a more intimate and immersive understanding of the issues that matter.
Source: 10News - 🏆 732. / 50 Read more »

House passes legislation that could ban TikTok in the USThe company said the legislation would 'trample the free speech rights' of TikTok users.
Source: CBSNews - 🏆 87. / 68 Read more »