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		<title>TikTok Rival Triller We Dont Need UMG</title>
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		<pubDate>Mon, 08 Feb 2021 03:45:00 +0000</pubDate>
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					<description><![CDATA[<p>TikTok Rival Triller: We don&#8217;t need Universal Music Group To Run Our Business TikTok Rival Triller We Dont Need UMG MBW broke the news that Universal Music Group was pulling its music catalog off TikTok &#8230; <a href="https://hip-hopatlanta.com/tiktok-rival-triller-we-dont-need-umg/" class="more-link">Continue reading <span class="screen-reader-text">TikTok Rival Triller We Dont Need UMG</span></a></p>
<p>The post <a href="https://hip-hopatlanta.com/tiktok-rival-triller-we-dont-need-umg/">TikTok Rival Triller We Dont Need UMG</a> appeared first on <a href="https://hip-hopatlanta.com">HIP-HOP ATLANTA</a>.</p>
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										<content:encoded><![CDATA[<h2 id=":h3" class="hP" style="text-align: center;" tabindex="-1" data-thread-perm-id="thread-f:1690883332241533724" data-legacy-thread-id="1777396e96e2ab1c"><span style="color: #610b5e;">TikTok Rival Triller: We don&#8217;t need Universal Music Group To Run Our Business</span></h2>
<p><strong><a href="https://rawdoggtv.com/tiktok-rival-triller-we-dont-need-umg/tiktok-rival-triller-we-dont-need-umg/" rel="attachment wp-att-19683"><img decoding="async" class="alignleft size-medium wp-image-19683" src="https://rawdoggtv.com/wp-content/uploads/2021/02/TikTok-Rival-Triller-We-Dont-Need-UMG-300x150.jpg" alt="TikTok Rival Triller We Dont Need UMG" width="300" height="150" /></a><em><span style="color: #999999;">TikTok Rival Triller We Dont Need UMG</span></em><br />
MBW </strong>broke the news that <strong>Universal Music Group </strong>was pulling its music catalog off TikTok rival Triller. Universal accused <strong>Triller</strong> of &#8220;not valu[ing] artists&#8221;, suggesting that the platform had &#8220;shamefully withheld payments owed to our artists&#8221; and was &#8220;refus[ing] to negotiate a license going forward&#8221;.<br />
<span style="color: #8c1153;">Adding intrigue to the story: <strong>Triller </strong>announced a licensing deal with <strong>Universal</strong> back in 2018, which was presumed to have expired.</span><br />
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<h2><a href="https://hip-hopatlanta.com" target="_blank" rel="noopener">TikTok Rival Triller</a> We Dont Need UMG</h2>
<p>Now <strong>Triller </strong>has fired back at <strong>Universal</strong>. A spokesperson for the short-form video company just sent a statement which reads as follows: &#8220;We can confirm our deal with <strong>UMG </strong>expired approximately <strong>one week ago</strong>. We have been negotiating since then in an attempt to renew. The renewal however was just a formality and a courtesy to <strong>UMG</strong>, as a shareholder of<strong> Triller</strong>.</p>
<p>&#8220;<strong>Triller does not need a deal with UMG to continue operating</strong> as it has been since the relevant artists are already shareholders or partners on <strong>Triller</strong>, and thus can authorize their usage directly. <strong>Triller</strong> has no use for a licensing deal with <strong>UMG</strong>.&#8221;</p>
<p><strong>Triller&#8217;s </strong>statement continues: &#8220;We categorically deny we have withheld any artist payments (our deal has only been one week expired) and if anything, it is <strong>UMG</strong> using their artist names as a front to extract ridiculous and non-sustainable payments for themselves and not their artists. They did this exact same thing to <strong>TikTok </strong>For [sic] two years and virtually every other social network.</p>
<p>&#8220;It is unfortunate <strong>UMG </strong>decided to use the press as it&#8217;s [sic] &#8216;negotiating leverage&#8217; when they realized we aren&#8217;t going to be held hostage. <strong>UMG </strong>is well aware any agreement was just out of respect and courtesy, not necessity. We have been operating without it and there has been no change in our business.&#8221;</p>
<p><strong>Asked for comment, Triller provided the following statement from CEO Mike Lu: “This has to be a bad ‘Punk’d’ episode. I’m waiting for Ashton to jump out of my closet. Our relationship with UMG is solid. Its biggest artists are investors and partners in Triller and Universal owns part of Triller. We find it hard to believe UMG wouldn’t give us any warning or notice but just tell us via press.”</strong></p>
<p><em> Triller’s prior agreement with UMG expired about a week ago but the company says it has not withheld payments from artists.</em></p>
<p><span style="color: #0b0366;">Triller also said they are prepared to do an end-run around UMG and license directly from artists.</span></p>
<p><span style="color: #0b0366;">“Triller does not need a deal with UMG to continue operating as it has been since the relevant artists are already shareholders or partners on Triller, and thus can authorize their usage directly,” the company said in a statement provided to the Times.</span></p>
<p><span style="color: #0b0366;">The L.A.-based Triller seeks to challenge the dominant short form social media video sharing app Tik Tok and allows users to post short videos and automatically sync them to background music through the use of A.I. The app was released in 2015 and as of October, has 100 million monthly active users, according to CEO Mike Lu.</span></p>
<p><span style="color: #0b0366;">The company gained new prominence in August when U.S. President Donald Trump threatened to ban TikTok, Triller’s largest competitor and later joined Triller himself, posting his first video on August 15th.</span></p>
<p>The post <a href="https://hip-hopatlanta.com/tiktok-rival-triller-we-dont-need-umg/">TikTok Rival Triller We Dont Need UMG</a> appeared first on <a href="https://hip-hopatlanta.com">HIP-HOP ATLANTA</a>.</p>
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