The New ‘Value Gap’ — Major Labels Push for “Guaranteed Money” From TikTok Owner ByteDance

Tick tock – Has the time come for TikTok to pay the music industry what’s fair? For years, the global music industry has lambasted YouTube over the fabled ‘value gap.’ Google has long used its dominant status – as well as safe harbor loopholes – to avoid fair royalty payouts to artists, managers, and labels.  […]

The post The New ‘Value Gap’ — Major Labels Push for “Guaranteed Money” From TikTok Owner ByteDance appeared first on Digital Music News.

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The New ‘Value Gap’ — Major Labels Push for “Guaranteed Money” From TikTok Owner ByteDance

Tick tock – Has the time come for TikTok to pay the music industry what’s fair? For years, the global music industry has lambasted YouTube over the fabled ‘value gap.’ Google has long used its dominant status – as well as safe harbor loopholes – to avoid fair royalty payouts to artists, managers, and labels.  […]

The post The New ‘Value Gap’ — Major Labels Push for “Guaranteed Money” From TikTok Owner ByteDance appeared first on Digital Music News.

Leave a comment

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