{"id":86835,"date":"2021-07-28T13:00:00","date_gmt":"2021-07-28T12:00:00","guid":{"rendered":"https:\/\/routenote.com\/blog\/?p=86835"},"modified":"2021-07-28T12:01:47","modified_gmt":"2021-07-28T11:01:47","slug":"lomotif-universal-music-deal-tiktok","status":"publish","type":"post","link":"https:\/\/routenote.com\/blog\/lomotif-universal-music-deal-tiktok\/","title":{"rendered":"Universal Music Group signs licensing deal with TikTok rival Lomotif"},"content":{"rendered":"\n<p><em>Image credit: <a href=\"https:\/\/lomotif.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Lomotif <\/a><\/em><\/p>\n\n\n\n<h4><span style=\"color: #3366FF\">Universal Music Group has officially inked a licensing deal with Singapore based Lomotif, a TikTok rival.<\/span><\/h4>\n\n\n\n<p><a href=\"https:\/\/routenote.com\/blog\/snapchat-expands-music-library-with-new-universal-music-deal\/\" target=\"_blank\" rel=\"noreferrer noopener\">Universal Music Group<\/a> (UMG) has officially signed a licensing deal with<a href=\"https:\/\/routenote.com\/blog\/artist-discovery-tiktok\/\" target=\"_blank\" rel=\"noreferrer noopener\"> TikTok <\/a>rival Lomotif. Under the agreement, <a href=\"https:\/\/lomotif.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Lomotif<\/a> users will be able to &#8220;create clips using songs from the big three record label and easily add UMG\u2019s music to a clip right from the app\u201d, according to the agreement.\u00a0<\/p>\n\n\n\n<p><a href=\"https:\/\/lomotif.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Lomotif<\/a> is one of several short-form video platforms that are taking on <a href=\"https:\/\/routenote.com\/blog\/tiktok-3-billion-downloads\/\" target=\"_blank\" rel=\"noreferrer noopener\">TikTok<\/a>. So far, <a href=\"https:\/\/lomotif.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Lomotif<\/a> has racked up roughly 225 million installations, is available across over 200 countries and in 300+ languages. The platform is especially popular in Brazil, which houses 210 million residents, not to mention an ever-growing music industry that is stream-driven. Lomotif also boasts a sizeable user base, consisting of roughly 31 million MAU\u2019s (monthly active users), according to their report. In addition to this, their audience watches approximately 300 million videos per month with a total of some 740 on-platform videos.\u00a0<\/p>\n\n\n\n<p>Speaking on the UMG licensing deal, Lomotiff founder and CEO Paul Yang said: \u201cOur deal with Universal Music Group will continue to grow users and increase engagement within our platform, a destination for emerging artists, and will significantly expand the types of music our community can utilize, collaborate with and share.\u201d He adds: \u201cWith nearly 800 million videos created to date, we are heading in a great direction as a platform, and making high-value content, functionality, and features available to our community will only help us grow exponentially.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Universal Music Group has officially inked a licensing deal with Singapore based Lomotif, a TikTok rival. <\/p>\n","protected":false},"author":23,"featured_media":86836,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[13,1,11109],"tags":[27993,27994,27995,22312,24388,207,680],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.4.1 - 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