Universal Music Group N.V. (0VD.SG)
- Reuters
PRESS DIGEST- New York Times business news - May 3
Following are the top stories on the New York Times business pages. - Sony Pictures Entertainment and the private equity giant Apollo Global Management have formally expressed interest in acquiring Paramount for roughly $26 billion. - TikTok and Universal Music Group have reached a new licensing deal where the companies said that they had agreed to a "multi-dimensional" new deal that included improved remuneration for Universal's roster of artists and songwriters.
- Yahoo Finance
Drake, Adele, and others are following Taylor Swift back onto TikTok after Universal deal
The songs of top artists will return to TikTok following the resolution of a licensing dispute with Universal Music Group.
- The Telegraph
Adele songs to return to TikTok after peace deal with Universal Music
Songs by artists such as Adele and Ariana Grande are to return to TikTok after the video-sharing app agreed to crack down on fake recordings generated by artificial intelligence (AI).
