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, according a press statement, TikTok will work with Buma/Stemra’s members to deepen their “understanding of the platform and the opportunities it presents to those creating and also performing music”.

Buma/Stemra’s members include Dutch EDM stars and TikTok users such as Fedde Le Grand and Tiësto, as well as Martin Garrix, whose hit Ocean featuring Khalid has been used in over 1.4m video creations and Summer Days the soundtrack to 1.2m creations.

In addition, prominent Dutch artists, songwriters and producers Kris Kross Amsterdam, Broederliefde, Duncan Laurence, Sam Feldt, Quintino and Nicky Romero also use the platform.

“THIS DEAL WITH BUMA/STEMRA SECURES ROYALTY PAYMENTS TO THE DUTCH SONG-WRITING AND PUBLISHING COMMUNITY AND UNDERLINES TIKTOK’S COMMITMENT TO PAYING CREATORS WHEN THEIR MUSIC IS USED.”

OLE OBERMANN, TIKTOK

Ole Obermann Global Head of Music at TikTok, said: “This deal with Buma/Stemra secures royalty payments to the Dutch song-writing and publishing community and underlines TikTok’s commitment to paying creators when their music is used.

“Through our platform, a global audience can appreciate and explore their own creativity, using the musical talent of renowned producers, DJs and songwriters from The Netherlands.

“I’m delighted we’ve built on our existing relationship and put this multi-year deal in place.”

“THIS IS GOOD NEWS FOR OUR AUTHORS AND PUBLISHERS, ESPECIALLY IN THESE DAYS WHERE OUR MEMBERS INCOME HAS DIMINISHED IN OTHER MARKETS.”

BERNARD KOBES, BUMA/STEMRA

Bernard Kobes, CEO at Buma/Stemra, added:: “We are very happy that the intense but constructive negotiations with TikTok have brought us this agreement.

“This is good news for our authors and publishers, especially in these days where our members income has diminished in other markets.

“We look forward developing this partnership deal further with TikTok and our members”.