An Open Letter to the Artist and Songwriter Neighborhood
Why We Should Name Time Out on TikTok

Our core mission is easy: to assist our artists and songwriters attain their best inventive and business potential. To realize these targets, our groups make use of their experience and fervour to strike offers with companions all world wide, companions who take significantly their duties to pretty compensate our artists and songwriters and deal with the person expertise with respect.

A type of companions is TikTok, an more and more influential platform with highly effective expertise and a large worldwide person base. As with many different platforms with whom we associate, TikTok’s success as one of many world’s largest social platforms has been constructed largely on the music created by our artists and songwriters. Its senior executives proudly state publicly that “music is on the coronary heart of the TikTok expertise” and our evaluation confirms that almost all of content material on TikTok accommodates music, greater than some other main social platform.

The phrases of our relationship with TikTok are set by contract, which expires January 31, 2024. In our contract renewal discussions, we’ve got been urgent them on three important points—acceptable compensation for our artists and songwriters, defending human artists from the dangerous results of AI, and on-line security for TikTok’s customers.

Now we have been working to deal with these and associated points with our different platform companions. For instance, our Artist-Centric initiative is designed to replace streaming’s remuneration mannequin and higher reward artists for the worth they ship to platforms. Within the months since its inception, we’re proud that this initiative has been acquired so positively and brought up by a spread of companions, together with the biggest music platform on the planet. We’ve additionally moved aggressively to embrace the promise of AI whereas combating to make sure artists’ rights and pursuits are protected now and much into the longer term. As well as, we’ve engaged various our platform companions to attempt to drive optimistic change for his or her customers and by extension, our artists, by addressing on-line questions of safety, and we’re acknowledged because the trade chief in specializing in music’s broader impression on well being and wellness.

With respect to the difficulty of artist and songwriter compensation, TikTok proposed paying our artists and songwriters at a price that could be a fraction of the speed that equally located main social platforms pay. At present, as a sign of how little TikTok compensates artists and songwriters, regardless of its large and rising person base, quickly rising promoting income and growing reliance on music-based content material, TikTok accounts for under about 1% of our complete income.

In the end TikTok is making an attempt to construct a music-based enterprise, with out paying truthful worth for the music.

On AI, TikTok is permitting the platform to be flooded with AI-generated recordings—in addition to creating instruments to allow, promote and encourage AI music creation on the platform itself – after which demanding a contractual proper which might enable this content material to massively dilute the royalty pool for human artists, in a transfer that’s nothing in need of sponsoring artist substitute by AI.

Additional, TikTok makes little effort to take care of the huge quantities of content material on its platform that infringe our artists’ music and it has supplied no significant options to the rising tide of content material adjacency points, not to mention the tidal wave of hate speech, bigotry, bullying and harassment on the platform. The one means accessible to hunt the elimination of infringing or problematic content material (similar to pornographic deepfakes of artists) is thru the monumentally cumbersome and inefficient course of which equates to the digital equal of “Whack-a-Mole.”

However once we proposed that TikTok takes related steps as our different platform companions to attempt to deal with these points, it responded first with indifference, after which with intimidation.

As our negotiations continued, TikTok tried to bully us into accepting a deal price lower than the earlier deal, far lower than truthful market worth and never reflective of their exponential development. How did it attempt to intimidate us? By selectively eradicating the music of sure of our creating artists, whereas conserving on the platform our audience-driving world stars.

TikTok’s ways are apparent: use its platform energy to harm weak artists and attempt to intimidate us into conceding to a foul deal that undervalues music and shortchanges artists and songwriters in addition to their followers.

We are going to by no means try this.

We are going to at all times battle for our artists and songwriters and rise up for the inventive and business worth of music.

We acknowledge the challenges that TikTok’s actions will trigger, and don’t underestimate what this can imply to our artists and their followers who, sadly, will likely be amongst these subjected to the near-term penalties of TikTok’s unwillingness to strike something near a market-rate deal and meaningfully deal with its obligations as a social platform. However we’ve got an overriding accountability to our artists to battle for a brand new settlement beneath which they’re appropriately compensated for his or her work, on a platform that respects human creativity, in an atmosphere that’s protected for all, and successfully moderated.

We honor our duties with the utmost seriousness. Intimidation and threats won’t ever trigger us to shirk these duties.