Shares of Warner Music Group Corp. jumped 4.5% in morning trading Tuesday, after the music recording and publishing company announced a licensing partnership...
Shares of Warner Music Group Corp. WMG jumped 4.5% in morning trading Tuesday, after the music recording and publishing company announced a licensing partnership with short-form mobile video giant TikTok, which is owned by China-based ByteDance Co. Ltd. Warner’s stock was up only 0.2% just before the announcement.
Warner’s stock was up only 0.2% just before the announcement. Warner Music said the “multi-year, multi-product” deal covers the licensing of Warner’s recorded music library, as well as that of Warner Chappell Music, to TikTok, TikTok Music, CapCut and TikTok’s commercial music library. In addition, Warner’s artists will be able to find new ways of working with TikTok’s brand partners, as well as access to new monetization features, such as merchandizing and ticketing.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
TikTok Launches New ‘Elevate’ Music Program With Rising Acts Kaliii, Chinchilla, Omar CourtzThough it started as a video-sharing app, TikTok has become an effective (and totally unpredictable) tool for musicians and record labels looking to shed some light on a new single. Now the app is …
Leer más »
Blue Beetle Was Almost Delayed by Warner Bros.DC's upcoming film Blue Beetle was nearly delayed to next year amidst the ongoing strikes in Hollywood, according to Puck.
Leer más »
A little night music: Free concerts in the park July 16-20Grab a blanket, chairs, snacks and drinks and head to a free concert in the park happening in the suburbs Sunday through Thursday, July 16-20. And don't forget bug spray!
Leer más »
11 Standout Performances at 2023 Latin Alternative Music Conference (LAMC)The multi-day event featured performances by Trueno, Juanes, Pedro Capó, Gale, Villano Antillano and more.
Leer más »
Fans Choose Jung Kook & Latto’s ‘Seven’ as This Week’s Favorite New MusicThe collab between the BTS member and rap star brought in nearly 96% of the vote.
Leer más »
Kimiko Glenn Says Orange Is the New Black Actors Needed Second JobsHer TikTok echoed sentiments Sean Gunn had on Netflix’s picket line Friday.
Leer más »