TikTok began removing Universal's content from its app after their licensing deal expired in January and the two sides failed to reach an agreement on royalties, AI and online safety for TikTok's users.
Describing their new pact as a multi-dimensional deal, the companies said they were working "expeditiously" to return music by the label's artists to TikTok, and also said they would team up to realise new monetisation opportunities from TikTok's growing e-commerce capabilities.
They will "work together on campaigns supporting UMG's artists across genres and territories globally," the two firms said in a joint statement.
--Reuters--