ByteDance, the company behind popular TikTok, is apparently planning to launch its music streaming service to compete against the likes of Spotify, Apple Music, Google Music, and more.
Dealing with big guns!
The company expects to introduce the new app as early in a handful of places, mostly in an economically-backward country where paid music service has yet to garner a broader audience. Last year, reports were floating around saying hat Bytedance is trying to get licensing deals from Universal Music, Sony Music, and Warner Music.