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As another global independent licencing body feuds with TikTok, it begs the question: how big a role does music play in TikTok's business, and how much do they want to pay for it?
TikTok Music will close later this year as the social media company pivots to highlighting its Add To Music App.
When TikTok shared its biggest global tracks during the northern summer, independent labels or artists distributed 60% of the Top 10.
The federal government promises to add legislation imposing an age limit on young people using social media before the next election.
It comes as Meta pushes harder for Instagram Reels to be a strong competitor to TikTok.
With artists willing to collaborate with TikTok already, the platform just might take over the streaming game.
The policy would be an Australian first, with the SA government requiring teenagers between 14 and 15 to access platforms like TikTok with parental consent.
TikTok and Byte Dance called the decision “unconstitutional” and said the legislation is “singling out” and “silencing” the video-sharing app.
The joint agreement will see Universal Music Group’s recorded music return to TikTok.
The Senate is due to decide on TikTok's fate in the US next week, and President Joe Biden has vowed to sign the legislation.