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TIKTOK INKS MULTI-YEAR LICENSING DEAL WITH DUTCH COLLECTING SOCIETY BUMA/STEMRA

TikTok has signed a multi-year deal with Dutch Collecting Society Buma/Stemra, securing royalty payments for the songwriters, composers and publishers represented by the organization. The agreement follows last month’s news of TikTok’s 100 million monthly active user milestone in Europe in addition to a similar number in the United States. As part of the deal,...

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