The Glossy Podcast
Week in Review: TikTok's music troubles, H&M's new CEO, Lyst's latest brand rankings
Feb 2, 2024
This episode discusses TikTok's music shakeup and investment in e-commerce, H&M's new CEO and earnings report, Lyst's latest brand rankings, and the challenges and changes in the fashion industry. Prada takes the number one spot in brand rankings. They also discuss popular fashion items and plans for a mailbag episode.
28:05
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Quick takeaways
- Universal Music may remove music of its top artists from TikTok due to disagreements over licensing and compensation.
- TikTok partners with GoTo to expand its e-commerce presence in South Asia and enter new markets through strategic partnerships.
Deep dives
Universal Music potentially pulling music from TikTok
Universal Music has announced that it may pull the music of its biggest artists, including Taylor Swift and Ariana Grande, from TikTok due to disagreements over licensing and compensation. TikTok argues that they benefit from the artists' presence on the platform, but Universal believes TikTok pays artists less compared to other social networks.
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