News May 29, 2026

Bloomberg questions whether TikTok is leaving labels behind

TikTok’s recent renewal of its licensing deal with Universal Music Group came with no public drama, suggesting that relations with that major label have improved since their fallout two years ago. However, Bloomberg has taken another angle in its latest coverage of TikTok, suggesting that the compan

Originally published by Music Ally
Share
Bloomberg questions whether TikTok is leaving labels behind