TikTok inks licensing deal with Merlin to use music from independent labels in videos and new Resso streaming service

One reason why monetising may happen is because of the lack of deals at the other end of the chain. As of December, TikTok reportedly had yet to sign any deals with the “majors” — Sony Music, Warner Music and Universal Music. From what we understand, Merlin is the first big deal of its kind announced by the company, but others are already in place. – Ingrid Lunden, TechCrunch ยป https://tcrn.ch/37nHb1d

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