Episode 193 On this week's episode of the YMC podcast, your humble hosts Jay Gilbert and Mike Etchart kibbitz about these important stories: "TikTok Is Talking To UMG Again, But Washington May Hold The Keys To Its Future" (Billboard); "Inside Taylor Swift’s Surprise Return to TikTok" (Wall Street Journal);  "NMPA accuses Spotify Of 'Attacking Songwriters' As It Changes How It Pays Mechanical Royalties In The US" (Music Business Worldwide).   Plus an audio drop with Mark Mulligan, Managing Director and Analyst at MiDIA on their new research report "Bifurcation Theory: How Today's Music Business Will Become Two".    Subscibe to the newsletter! YourMorning.Coffee