TikTok Is the New Music Kingmaker, and Labels Want to Get Paid

They’re seeking a better deal after they missed the rise of the social video platform and sold music rights for a flat fee

Lil Nas X performs onstage during the 2019 Stagecoach Festival at Empire Polo Field on April 28, 2019 in Indio, California. Photo: Matt Winkelmeyer/Getty Images for Stagecoach

By Lucas Shaw

Fitz and the Tantrums were wrapping up the tour for their third album last year when their label, Atlantic Records…

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