Taylor Swift temporarily disappeared from Tiktok. Getty Images; Collage: Lisa Kempke
Taylor Swift, Billie Eilish, Harry Styles and numerous other musicians are returning with their music on Tiktok. The background is a settled dispute between the Chinese short video platform and Universal Music. Business Insider exclusively has an internal email from Universal CEO Lucian Grainge. In it he announces where Tiktok has caved.
Taylor Swift, Billie Eilish and Harry Styles return to Tiktok with their music after settling dispute with Universal Music. According to Business Insider, Tiktok has agreed to important changes in several critical areas, including AI, platform security and compensation. Universal Music previously had all of its artists’ music blocked on the platform, resulting in copyright restrictions.
Taylor Swift, Billie Eilish, Harry Styles and numerous other musicians are returning with their music on Tiktok. The background is a settled dispute between the Chinese short video platform and Universal Music.
Business Insider has an internal email from Universal CEO Lucian Grainge to employees informing them of the news. In it he writes, among other things: “I am very pleased to be able to share with you the good news that our dispute with Tiktok has ended with an extremely positive result: Tiktok has agreed to important changes in several critical areas (including artificial intelligence, platform security , remuneration) and we will license our music to Tiktok again.” Tiktok has now explained what this means in concrete terms Press release communicated. It says that there should be better remuneration for artists in the future. There should also be protection with regard to generative AI.
“Important step” for the industry
The CEO further writes in his email: “With this agreement, we have taken another important step to guide the development of the industry towards a future in which human art must be respected, artists and songwriters are treated fairly and their fans Platforms are available that better prioritize security and integrity.”
At the beginning of the year, the music conglomerate had a bitter argument. Ultimately, Universal Music had all of its artists’ music blocked on the platform. Since then, users have no longer been able to use the music; videos that have already been published with corresponding music titles appear with the message: “Sound has been removed due to copyright restrictions”.
World stars like Elton John and Taylor Swift disappeared from the platform
The artists affected included global stars such as Taylor Swift, Harry Styles, Adele, The Weeknd, Drake, Elton John, Billie Eilish and Coldplay.
CEO Lucian Grainge also writes in his email how grateful he is for the support from the music community. “Artists’ rights organizations, independent labels, music publishers, music lobbyists and of course so many individual artists and songwriters have openly supported us and recognized the importance of what we want to achieve. They have strengthened our resolve to fight for the result we have achieved: an agreement that benefits not only the artists and songwriters of UMG (Universal Music Group, Anm. d. Red.) not only benefits the music industry as a whole,” says Grainge.
As an organization committed to moving the industry forward, we expect “inevitable conflict,” writes Grainge. And people “even accept them”. “But ultimately, such conflicts are about finding a higher common ground on which progress can be made.”
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Are the stock markets closed today? Know complete details
– 2024-05-02 12:34:05
2024-05-02 12:34:05
New Delhi: The market lost its initial gains on Tuesday due to the last round of selling in IT and power sector stocks amid mixed sentiment in global markets. Due to this, the domestic stock markets closed with a decline. BSE’s 30-share Sensex could not maintain its ongoing rising trend for two sessions. It fell 188.50 points or 0.25 percent and closed at 74,482.78 points. At one point during trading, it jumped 440.11 points to reach 75,111.39 points. But, it came under selling pressure in the last hour of trading. Nifty of National Stock Exchange (NSE) also slipped by 38.55 points or 0.17 and closed at 22,604.85 points. In the afternoon, Nifty had also reached its record high of 22,783.35 points with a gain of 139.95 points. There will be no trading in domestic stock markets today on the occasion of Maharashtra Day. These will remain closed.
There will be no business even in these segments
According to the official website of BSE and NSE, there will be no trading in equity derivative segment, currency derivative segment, equity segment and SLB segment on May 1. Apart from the holidays of Saturday and Sunday, the stock market will also remain closed on 20th May. On this day there is election for Mumbai Lok Sabha seat. Due to this there will be no functioning in the stock market. There will be no morning trading in the commodity and electronic gold receipt segments on May 1. But, MCX will trade in the evening. Trading will take place here from 5 pm to 9 am.
Which stocks benefited and which suffered loss on Tuesday?
On Tuesday, among the companies included in the Sensex group, the shares of Tech Mahindra, Tata Steel, JSW Steel, HCL Technologies, Tata Consultancy Services, Larsen & Toubro and Kotak Mahindra Bank saw the biggest decline. On the contrary, there was a bullish trend in Mahindra & Mahindra, Power Grid, Bajaj Finance, IndusInd Bank and Maruti.
On Monday, the Sensex jumped 941.12 points to reach 74,671.28. While Nifty increased by 223.45 points and closed at 22,643.40 points.
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Are the stock markets closed today? Know complete details – 2024-05-02 12:34:05
New arrest for the murder of Lyggeridis – Handcuffs to a leading member of the hooligans
– 2024-05-02 11:17:34
He was arrested by EL.AS. one more person regarding the incidents in Rentis and the murder of the police officer, Giorgos Lyggeridis.
This is a person against whom an arrest warrant was pending and this is a leading member of the leadership pyramid of hooligans.
The police operation took place early in the morning of Maundy Thursday, in the presence of a prosecutor, in a house where the arrested person had been hiding for the last few days.
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