• SENSEX
    NIFTY 50
Business

TikTok owner ByteDance plans to launch music streaming, says report

Updated : November 18, 2019 08:32 AM IST

TikTok owner Beijing ByteDance Technology Co Ltd is in talks with big music labels — Universal Music, Sony Music and Warner — for global licensing deals to include their songs on its new music subscription service.
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.
In addition to on-demand music, ByteDance's app will include a library of short video clips for listeners to search through and sync to songs as they listen.
TikTok owner ByteDance plans to launch music streaming, says report
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV