Amazon’s New Karaoke Platform ‘Twitch Sings’ Could Cut into ByteDance’s TikTok Market Dominance

While ByteDance executives battle it out with major labels, Amazon’s Twitch may very well steal away TikTok’s core audience. According to a report published earlier this week, Chinese conglomerate ByteDance – parent company of TikTok – remains in stall…

TikTok Owner ByteDance Prepares to Launch a Spotify Competitor ‘Soon’

Will BytDance’s new streaming music app successfully win over current TikTok users?  Or, will it lead the company to just burn through even more cash without ever turning a profit? ByteDance isn’t exactly popular with major label executives right now. …

The New ‘Value Gap’ — Major Labels Push for “Guaranteed Money” From TikTok Owner ByteDance

Tick tock – Has the time come for TikTok to pay the music industry what’s fair? For years, the global music industry has lambasted YouTube over the fabled ‘value gap.’ Google has long used its dominant status – as well as safe harbor loopholes – to avo…

The New ‘Value Gap’ — Major Labels Push for “Guaranteed Money” From TikTok Owner ByteDance

Tick tock – Has the time come for TikTok to pay the music industry what’s fair? For years, the global music industry has lambasted YouTube over the fabled ‘value gap.’ Google has long used its dominant status – as well as safe harbor loopholes – to avo…

Major Labels Want Millions, But TikTok Says No

The three major label want millions in payments for the use of music on two hugely popular short music video apps, TikTok and its Chinese counterpart Douyin. Deals between UMG, Sony, WMG and the Chinese owner of the apps, ByteDance, expire this spring, But after months of talks, the two…

Record labels want TikTok owner ByteDance ‘to pay them hundreds of millions of dollars’ – report

ByteDance is currently valued at around $75bn
The post Record labels want TikTok owner ByteDance ‘to pay them hundreds of millions of dollars’ – report appeared first on Music Business Worldwide.

TikTok Agrees to Pay $5.7 Million to the FTC for Failing to Get Parental Approval for Users Under 13

Failure to require parental consent has cost TikTok a record multi-million dollar fine with the Federal Trade Commission. TikTok is not safe for your child. That’s according to the Federal Trade Commission (FTC), at least. TikTok’s parent company, Byte…

TikTok’s Unpublicized ‘Lite’ App Reached 12 Million Installs

TikTok Lite has reached a new milestone, but how well will it really fare against other ‘lite’ social media apps? Just how well is Musical.ly/TikTok faring? According to one report, not so great. Following Beijing-based Bytedance Technology’s decision …

Introducing Lasso, Facebook’s Latest TikTok/Musical.ly Killer

Facebook wants to deal the final blow to Musical.ly TikTok.  But will Zuckerberg’s empire end up the real loser here? In an effort to turn its disastrous 2018 around, Facebook has introduced several ‘new’ features.  You’ve probably seen them before on …