TikTok may launch its own music streaming service2022-08-01 20:14 by Daniela
TikTok's parent company, ByteDance, has filed a trademark application for "TikTok Music," a potential music streaming service, according to the U.S. Patent and Trademark Office. ByteDance submitted a similar application in Australia last November, then filed in the U.S. on May 9, Insider previously reported. The latest update, on May 13, says the office will assign an attorney to examine it in six months.
Per the filing, the app would enable users to buy, stream and download music, as well as create and share playlists. Users on TikTok Music would also be able to livestream audio and video, according to the filing.
The short-form video app is already a popular tool for discovering music, and oftentimes can lead to songs rising in popularity after they're used in viral videos and trends. A report released by the company last year suggested that 175 songs that trended on the short-video platform ended up on the Billboard 100 chart. In addition, a recent report published by a U.K.-based music investor suggested that songs that are popular on TikTok drive additional views on YouTube and streams on other platforms, like Spotify.
ByteDance already has a music streaming app called Resso, however, it's only available in Indonesia, Brazil and India. In those countries, Resso is integrated with TikTok and will direct a user to the full song when an excerpt is used in TikTok content.
Read more -here-