The companies first came to an agreement in 2017.
The labels accuse Verizon of intentionally ignoring subscribers who pirated their music.
The RIAA filed the lawsuit on behalf of the industry’s “big three.”
The new deal will look to provide “new promotional and engagement opportunities” for artists and “industry-leading protections with respect to generative AI.”
After the label pulled its entire catalog of music from TikTok amid its public licensing dispute with the video-sharing app.
The label also accused the platform of failing to protect artists’ rights and work from AI and copyright infringement.
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