In addition to on-demand music, ByteDance's app will include a library of short video clips for listeners to search through and synch to songs as they listen, the report added. — Reuters
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, the Financial Times reported on Nov 17.
ByteDance is looking to launch its music streaming as soon as next month, initially in emerging markets such as India, Indonesia and Brazil, before a future opening in the United States, the FT reported, citing people familiar with the matter.
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