TikTok to roll out its subscription-based music streaming service
TikTok is said to roll out its subscription-based music streaming service by next month although it still hasn’t given it any name.Bytedance is directly aiming for the big guns of the industry such as Apple Music, Spotify and other with its paid subscription plan.
Reports say that Bytedance is trying to get licensing deals from Universal Music, Sony Music and Warner Music. Bytedance will initially rollout the service in developing markets that include India, Brazil and Indonesia, with plans to bring it later to markets like the US.
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