TikTok’s Parent Company Plans To Launch Music Platform

24 Mai, 2019, 18:30 | Auteur: Christine Menetries
  • TikTok’s Parent Company Plans To Launch Music Platform

Watch out, Spotify. Beijing tech giant ByteDance, the owner of TikTok, is plotting a new streaming service to rival Spotify and Apple Music, according to a Bloomberg report.

ByteDance is already one of the world's most valuable startups, valued at more than $75 billion in its most recent round of fundraising. The paid music service is an attempt to diversify its sources of income and show that music subscriptions can work in emerging markets.

Users should pay to get access to ByteDance's planned streaming service - a move that is probably going to please record labels because of the higher sovereignty rates they get contrasted with free streaming services. The new service will need to offer something different, given that Tencent's QQ Music and YouTube, both of which are free services (albeit with the regular appearance of adverts).

The app has also had real impacts on cultural trends.

No. 8 overall recruit Jaden McDaniels joins Washington
He has since slipped to 14 after a ho-hum performance (seven points, two rebounds) in the McDonald's game. In their final 2019 rankings, ESPN has him at No. 7 while 247 Sports tabs him at No. 8.

Olivia Newton-John devastated after death of her brother
Your brother saved my brother's life at Fairfield when he was four and our family will always be thankful to him. Olivia Newton-John just announced the heartbreaking news that her brother sadly passed away earlier this month.

Mourinho: Liverpool loss would be 'really, really hard' for Klopp
The Champions League final will take place on June 1, 2019; Kick-off is at 8pm. Jose Mourinho (left) and Jurgen Klopp (right).

The company is adding variants to its portfolio as it has launched Duoshan, a video chat app that has come out as a mixture of Snapchat and TikTok. "We are looking forward to working with him to bring ByteDance's monetization efforts in India across our various platforms such as TikTok and Helo to even greater heights", said Lidong Zhang, senior vice-president, ByteDance in a statement. The countries aren't named, but one clue comes from the news that Bytedance has already signed licensing deals with Indian music firms T-Series and Times Music.

ByteDance will also have to face tough competition against local leaders such as - Gaana, JioSavaan, Wynk, Hungama.

Recently, the company appointed Sameer Singh CEO of GoupM as Vice President of Monetisation in India.

According to ByteDance, his role will be to lead the sales, marketing and advertising strategies across India, as well as working with ByteDance partners and clients.

Conseillé:

  • Un embouteillage sur l'Everest fait 2 morts

    Un embouteillage sur l'Everest fait 2 morts

    La société Arun Trek, qui organisait son expédition, met en cause l'encombrement au sommet , qui aurait retardé sa descente. La première, Kalpana Das, 52 ans, est décédée jeudi après-midi tandis qu'elle redescendait après avoir atteint le sommet.
    Toronto Blue Jays vs. Boston Red Sox

    Toronto Blue Jays vs. Boston Red Sox

    Pearce was 3-for-5 with a homer and three RBIs, Nunez was 2-for-5 with a run and an RBI and Bradley Jr. was 2-for-4 with a double. First of many: Guerrero once again gave Blue Jays fans something to cheer about, hitting his fifth homer in his last eight games.
    Kylie Jenner: Jordyn Woods 'f***ed up' with cheating scandal

    Kylie Jenner: Jordyn Woods 'f***ed up' with cheating scandal

    Kourtney Kardashian knows how to make the most of a flashing camera - even when she's the one doing the flashing. Post the scandal, Woods who was living with Kylie's in her mansion moved out and now they hardly speak.
  • Missouri State Capitol in Jefferson City after tornado hits the city

    Missouri State Capitol in Jefferson City after tornado hits the city

    A auto is trapped under the fallen metal roof of the Break Time gas station and convenience store in Jefferson City , Missouri. The National Weather Service said a section of the damage near Four Seasons Drive and Flora Drive was rated an EF3 tornado .
    Pressure over Brexit vote may force Theresa May to step down

    Pressure over Brexit vote may force Theresa May to step down

    The WAB had been due to be published on Friday but that has been delayed in a sign of the chaos at the top of the Government. The move came after a meeting with the chairman of the influential 1922 Committee of her Conservative party backbenchers.
    Magic Kingdom worker tried to meet child for sex

    Magic Kingdom worker tried to meet child for sex

    Anyone with additional information should contact Homeland Security Investigations at 1-866-DHS-2ICE (347-2423). He is accused of sending explicit photos of himself and arranging to meet with the child at an Orlando hotel.
  • "Taxe Gafa" : un enjeu à 1 000 milliards

    Pour Albéric de Montgolfier, " tout paraît fort simple, mais tout est compliqué ". "Aux traités européens? ", interroge-t-il. Un point que la majorité sénatoriale risque d'avoir du mal à avaler.
    Beilein introduced, ready to breathe new life into Cavs

    Beilein introduced, ready to breathe new life into Cavs

    Cleveland Cavaliers Chairman Dan Gilbert provided more detailed about the search for a new coach. "I love being a part of this". MI basketball is in the midst of a search for its next basketball coach.
    Adam Gase says trading Le’Veon Bell before the season is ‘ridiculous’

    Adam Gase says trading Le’Veon Bell before the season is ‘ridiculous’

    I think the coaches are. "Whatever we had to do get him, that's what we wanted to do". "We did everything we could to get him". Gase was on the defensive, reiterating that he had no role in the ownership's decision to fire Maccagnan.
  • Le chanteur dévoile un rare cliché de son chéri — Mika en couple

    Le chanteur dévoile un rare cliché de son chéri — Mika en couple

    Mais il aime garder une certaine distance par rapport à son métier, qui le contraint à être médiatisé énormément. Preuve que Mika est un homme comblé et qu'il n'échangerait sa place pour rien au monde! Alors, c'est dur.
    Comcast working on in-home health monitoring device

    Comcast working on in-home health monitoring device

    The device has been in the works for more than a year now, and the company is aiming to start doing pilot tests later this year. Comcast's in-home device will monitor people's basic health metrics through ambient sensors.
    Skoda Superb vs. 2015 Skoda Superb - Old vs

    Skoda Superb vs. 2015 Skoda Superb - Old vs

    The 18-inch Braga wheels are specific to this model, along with 19-inch Manaslu option and metallic Tangerine Orange body finish. For the L&K version, there is now the option of an Alcantara roof lining in black or beige including lined roof pillars.


Populaire

Le grand réalisateur Jean Beaudin est décédé
On lui doit Le Matou , l'adaptation cinématographique de la pièce Being at home with Claude , J.A. Nous leur offrons nos plus sincères sympathies.

Prosecutors: Michael Cohen campaign finance probe is active
Columbus Nova has said in a statement that it is exclusively owned and controlled by Americans. There were no text messages or phone calls before Election Day in 2016, prosecutors said.

24e Everest pour un Népalais, nouveau record mondial
Entre fin avril et fin mai, la météo offre une courte fenêtre de conditions moins extrêmes et plus propices à l'ascension. Cette année, l'affluence bat des records sur les pentes de l'Everest, avec.

Gasquet à la recherche du bon "rythme" à Lyon — Tennis
Il aurait mal au dos, selon une source proche. " C'est bien d'avoir pu gagner ". "Je cherchais du rythme, j'ai été servi". J'ai eu une frayeur sur la fin car je baissais beaucoup physiquement.

Other than India, Asia's 4 other prospects at the World Cup
Kohli went on to sing the praises of Archer, who took three wickets at an average of 36 in his first three ODIs. Generally teams will find a way but I see pressure playing a massive role".

Déjà un premier trailer pour Star Trek : Picard sur Amazon
Picard sera diffusé exclusivement sur CBS All Access et Amazon Prime d'ici la fin de l'année. Et la plateforme dévoile aujourd'hui la première bande annonce (ci-dessous).

Formule 1 - Charles Leclerc : c'est maintenant ou jamais pour l'enfant du pays
Il rappelle aussi que le bus qui l'emmenait à l'école enfant empruntait les mêmes rues que celles où il court maintenant en F1. Le second coté du casque est évidemment dédié à Jules Bianchi , son ami de toujours et parrain sportif.

Nancy Pelosi says Trump needs an 'intervention'
Democrats have no credibility when they accuse the president of obstruction, because Americans know that Democrats misled them. Despite all this, Cohen granted that a majority in the Democratic caucus do not want to impeach Trump.

Man who killed 10 women in Florida is executed
The scheduled execution of a serial killer who killed 10 women in Florida has been delayed temporarily while the U.S. Noland said if she had an opportunity to speak with Long again, she would have thanked the convicted serial killer.

Regulators fail to set date for 737 MAX return to service
Boeing's 737 MAX is its fastest-selling line of planes ever, and there are now roughly 5,000 of the aircraft on order. An aerial photo shows Boeing 737 MAX airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, U.S.