PREVIEW

Unless TikTok and Universal Music Group (UMG) can come to an agreement. Music by Taylor Swift, Drake, Olivia Rodrigo and more will be removed from TikTok by the end of the day on Jan. 31, NBC News reports. Compensation for artists is the heart of the issue. "TikTok proposed paying our artists and songwriters at a rate that is a fraction of the rate that similarly situated major social platforms pay." UMG, via statement. "Ultimately TikTok is trying to build a music-based business, without paying fair value for the music." UMG, via statement.