This is becoming a popular story.
MBW reported yesterday (October 24) that United Mastersone of the largest distribution and services platforms for independent artists, has signed a new direct licensing agreement with Tik Tok.
Sources said the agreement would replace UM’s previous Tik Tok License Agreement, approved Merlin.
Now, another major global independent distribution platform has confirmed it has signed a new direct deal with TikTok: Ditto music.
So far, born in the UK Same as above The distribution business already represents over one million registered artists.
Artists who pitched their music to companies early in their careers include Ed Sheeran, Stormzy, Miles Smith, and Sam Smith.
Well-known artists currently releasing music through Ditto include Chance the Rapper, Russ Millions, and Darko.
Just like the United Masters, Same as above previously licensed Tik Tok through Merlin.
Lee ParsonsDitto CEO and co-founder confirms Speaking to MBW today (October 25), his team has worked with Tik Tok After sources tipped us off to the deal.
parsons explain: “We are pleased to confirm our partnership with Tik Tokwhich includes the overridden element capping cut,main Tik Tok platform, and TikTok’s commercial music library. Thanks to this agreement, we have ensured Improve business opportunities for our artists”.
additional parsons: “We would like to publicly thank Merlin Thanks for their hard work and expertise so far. We are still members of Merlin.
Tik Tok recently pulled out of talks over a possible realignment Merlin’s The agreement was attributed to “Merlin’s operational challenges in the past, where the music delivered was not subject to copyright quality control.”
As a result of this initiative, previously licensed record labels and distributors Tik Tok through Merlin – and hopes to continue monetizing music on the platform – will now have to strike a direct deal with the Byte Beat service.
Merlin’s Blanket treatment Tik Tok Due next week (October 31st).
After the reauthorization negotiations between the two parties concluded, Merlin has made its own accusations Tik Tokindicating that byte hopping is being attempted “[fragment] We believe that Merlin members are trying to minimize their expenses.
Ditto music Known for its independent artist releases, this allows the show to maintain 100% Their royalties in exchange for an annual fee.
The company also operates Artist management and music publishing Operations, and “tab” type services, including promotions and synchronization.
Merlin represents more than 30,000 Copyright holder by approx. 500 Label/Distributor.
As MBW reported last week, Merlin’s Irish-registered company collected £998.4 million ($1.24 billion) 2022 on behalf of its members.
Exceed 98% It is understood that some of this number has been distributed to Merlin members.
However, Merlin’s Its own administrative costs have been increasing in recent years.
By 2022, these administrative costs will reach £8.95 million ($11.1 million)approximately twice the size of the equivalent cost of the organization in 2020.
At the beginning of this month, Ole OlbermannTikTok’s head of music business development told MBW that his company’s decision to withdraw from relicensing discussions with Merlin “was not due to a feud with Merlin.”
He added: “With a direct deal, if we find any type of content copyright issue, we can address it directly. It’s that simple.
MBW knows some of the big Merlin Members include empire and beggars group Direct licensing agreements have been signed with the following companies Tik Tok.global music business