Taylor Swift’s Label UMG Is Set to Yank Music From TikTok

TikTok may find itself without the music of thousands of Universal Music Group NV artists after talks to extend a licensing deal hit an impasse.

UMG, one of the world’s dominant music publishers, issued an open letter on Tuesday, excoriating ByteDance Ltd.-owned TikTok for offering unfair terms and threatening the livelihood of artists with its embrace of artificial intelligence. The social video platform responded by accusing UMG of putting greed before the interests of artists and songwriters.

The existing terms between UMG — which counts Taylor Swift and Drake among the performers signed to its labels — and TikTok ...