The Best One Yet
🤘 “Better have RiRi’s Money — TikTok’s Music Purge. Apple’s headset debut. Wilson’s
Feb 2, 2024
Taylor Swift, Rihanna, and Drake discuss the 'Great TikTok Purge' where their music is off TikTok due to a dispute with Universal. The podcast also covers Apple's $3,500 Vision Pro headset release and the challenges faced by Amr Sports, the sports company behind ArcTeryx, Wilson, and Salomon gear.
19:52
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Quick takeaways
- The dispute between Universal Music and TikTok over payment rates highlights the financial impact on both platforms and the importance of fair compensation for artists.
- Apple's Vision Pro headset marks their entry into the augmented and virtual reality market, despite its flaws in the first version, with expectations for future versions to be improved in terms of weight, speed, and affordability.
Deep dives
The Great TikTok Music Purge: Pennies Matter
Universal Music banned TikTok from using their artists' songs due to a dispute over payment rates. TikTok offered one cent per thousand streams, while Universal wanted two cents per thousand streams. Until an agreement is reached, popular hit songs from artists like Rihanna, Taylor Swift, and Ariana Grande cannot be used on TikTok. The conflict highlights the importance of payment rates and the financial impact on both TikTok and record labels.
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