Universal Music Group, the biggest of the three major conglomerates, pulled songs by Taylor Swift, Drake and other stars after failing to agree on a new contract. Here’s what’s at stake.

TikTok and Universal Music Group have reached a new licensing deal, ending a three-month stalemate that had blocked songs from some of pop’s biggest stars from the influential social media platform.

Universal Music Group and TikTok said on Thursday they had reached a new licensing agreement that will restore the label's songs and artists to the social media platform as well as give musicians ...