November 29, 2022
TikTok Sets Sights On Spotify, Makes Moves On Native Music Streaming Service - EDM.com



It looks like a new streaming platform is moving into town.

It’s called TikTok Music and it will be a place for users to buy, play, share and download music, as well as livestream audio and video just like they do on the TikTok app, according to Music Business Worldwide.

Sources say TikTok’s parent company, ByteDance, has big plans for TikTok Music, which is said to directly compete with Spotify, Apple Music and other major streaming platforms. Earlier this month, MBW uncovered a patent filing and job listings posted by ByteDance for A&R positions across North America, suggesting the company might actually be structuring TikTok Music more like a bona fide record label.





Source link

Leave a Reply

Your email address will not be published. Required fields are marked *