💥UMG removes popular artists from TikTok after failed licensing negotiations.
🎵TikTok's influence on music popularity, evidenced by Fleetwood Mac's resurgence, is significant.
💰The power dynamic between UMG and TikTok raises questions about artist compensation and streaming platform control.
🤝Potential future negotiations between UMG and TikTok may result in a mutually beneficial agreement.
📈TikTok's role as a marketing platform for artists and labels cannot be underestimated.