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TikTok Enters Music Streaming Business-Discovered from Trademark

tiktok music

 
From trademark registration, it became clear that TikTok, which has an overwhelming presence as a video SNS, may also expand into music streaming services. Expected to be a competitor to Apple Music.

Become a strong rival of Apple Music

According to Business Insider, TikTok’s parent company, ByteDance, had applied for a trademark in the United States in May under the name TikTok Music. Since it has not been officially disclosed, the specific details are unknown, but it is highly likely that it will develop a music streaming service based on its name and trademark.
 
TikTok is estimated to have 3 billion downloads worldwide and 1 billion monthly active users (1 billion is comparable to iPhone users).
 
TikTok has already sent a lot of songs to the top rankings of Spotify and Apple Music in addition to Billboard 100 which is the top chart in the United States, so it is expected to become a rival of Apple Music and Spotify at the same time as the service starts. Will be done.

TikTok has been bitter

That said, TikTok’s journey isn’t all about smooth sailing. The shopping function, which was recently planned as a feature, has just failed in an experiment in the UK.
 
Also, during the US administration of Donald Trump, he was regarded as the leading enemy of the “spy app” that leaked personal information to China, and he was worried that he would separate the business in mainland China from other overseas businesses. Was seriously considering selling to Walmart and Oracle in addition to Microsoft.
 
In addition to the United States, in India and Pakistan, app usage bans have been issued because the posted content is immoral.
 
 
Source: 9to5Mac, Business Insider, TikTok
(kihachi)

Source: iPhone Mania

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