TikTok owner ByteDance plans music streaming service

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TikTok owner Beijing ByteDance Technology Co Ltd is in talks with big music labels Universal Music , Sony Music and Warner Music for global licensing deals to include their songs on its new music subscription service, according to a report in the Financial Times. Custodia Cover Iphone 6/6S The service coque blanche neige iphone 6 commandokieffer33738 will cost less than $10 per month, which is in line with prices from Spotify, Apple and other music services in the US, though in India, many of these services are priced even lower.

According to the report, ByteDance plans to launch the music streaming service coque iphone 6 texture commandokieffer35850 as soon as next month in emerging markets such as India, Indonesia and Brazil, before a future opening in the United coque custodia cover fundas hoesjes j3 j5 j6 s20 s10 s9 s8 s7 s6 s5 plus edge d25272 goku black dab samsung galaxy note 9 case States. custodia cover iphone The report is based on people familiar with the matter, though officially ByteDance has not commented on the report.

The on demand music service will also include a library of short video clips for listeners to search through and sync to songs as they listen. TikTok continues to grow in popularity and in India has close to 200 million users, according to the company. custodia cover huawei A new report in zelda wallpaper 103ax6 Sensor Tower said the app has crossed 1.5 billion downloads on App Store and Google Play Store combined till October 2019. A majority of the app growth continues to be driven by the India market.

TikTok crosses 1.5 billion downloads and India is the biggest driver: ReportTikTok downloads across the App Store and Google Play Store in India are nearly 466.8 million or about 31 per cent of all unique installs, according to the report. custodia cover samsung India accounts for 277.6 million downloads so far this year, which is nearly 45 per cent of all global installs for the app.

The video creating and sharing app continues to grow coque custodia cover fundas hoesjes j3 j5 j6 s20 s10 s9 s8 s7 s6 s5 plus edge b32609 pug dog supreme b0151 samsung galaxy a50 case in popularity in the Indian market, especially among coque iphone 5 6 7 8 plus x xs xr 11 pro max logo coca cola classic e1543 the younger audience. In coque custodia cover fundas hoesjes j3 j5 j6 s20 s10 s9 s8 s7 s6 s5 plus edge b33275 rick and morty fj0992 samsung galaxy a10e case India, TikTok already lets users create videos with songs from popular Bollywood, even Western music playing in the background, which is a common trope used by many of the creators on the platform.

But with a music streaming service though, ByteDance will be competing in a completely different category where there is a lot of competition already. Custodia Cover Iphone 7/8/SE2020 Global players like Spotify, YouTube Music, Apple Music, Google coque custodia cover fundas hoesjes j3 j5 j6 s20 s10 s9 s8 s7 s6 s5 plus edge b34607 skull flower fj0973 samsung galaxy a50 case Play Music and Amazon Music, are already present along with JioSaavn, Gaana, Wynk from Airtel, Hungama Music app in the Indian market when it comes to streaming.