bbpro, Business, Music, Record Labels, Tech

Triller & Universal Music Group Sign Licensing Deal, Resolving Dispute Over Royalties

Three months after Universal Music Group abruptly pulled its catalog from short-form video app Triller, claiming the app withheld payments to its artists, the two companies announced a new, worldwide licensing agreement today (May 20).

The pact spans recorded music and publishing. It gives users on Triller, which claims to have 300 million global downloads, the ability to soundtrack their video clips with UMG’s full catalog of music — including record labels like Republic and Def Jam and superstars like Justin Bieber, Ariana Grande and Billie Eilish — as well as music from the songwriters and catalogs represented by Universal Music Publishing Group (UMPG).

“We’re pleased to have a deal with Triller that embraces the importance of compensating our artists, especially given the tremendous value music generates across their platform,” said UMG executive vp, digital business development & strategy Jonathan Dworkin. “With this agreement, UMG continues to expand the universe of licensed social media platforms that allow fans to legitimately create and share content, while also growing an important new source of revenue for our artists.”

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