• Home
  • Apps
  • Apps News
  • ByteDance Plans Spotify Competitor, Music Streaming to Be Integrated Within TikTok: Report

ByteDance Plans Spotify Competitor, Music Streaming to Be Integrated Within TikTok: Report

ByteDance recently discussed launching its Resso music-streaming service, currently available in India, Indonesia and Brazil, in over 12 new markets.

ByteDance Plans Spotify Competitor, Music Streaming to Be Integrated Within TikTok: Report

Photo Credit: Reuters

ByteDance's music-streaming service is currently available in three countries

Highlights
  • ByteDance said to plan expanding music streaming service to 12 countries
  • Resso could reportedly make its way to more countries
  • ByteDance to eventually integrate music streaming within TikTok

China's ByteDance is in talks with music labels for expanding its music-streaming service globally to compete with industry leaders such as Spotify, the Wall Street Journal reported on Wednesday. The TikTok parent plans to eventually integrate music streaming within its short-video service and scale it to serve as a major platform for distributing music globally, according to the report that cited people with knowledge of the discussions.

Shares of Spotify pared gains to trade flat in after-market trading on Wednesday, while Warner Music Group gained 4 percent.

ByteDance did not immediately respond to a Reuters request for comment.

The company had discussed in recent months launching its Resso music-streaming service, currently available in India, Indonesia and Brazil, in more than a dozen additional markets, but expansion to the US isn't immediately on the cards, according to the report.

Last week, Reuters reported that audio streaming service Spotify had acquired Kinzen, a firm that has helped it identify harmful content on the platform.

The acquisition is part of Spotify's efforts to deal with harmful content on its service after a backlash earlier this year over "The Joe Rogan Experience", in which the podcaster was accused of spreading misinformation about COVID-19.

The Dublin-based firm has been working with Spotify since 2020, initially focusing on the integrity of election-related content around the world. Since then, Kinzen's remit has expanded to include targeting misinformation, disinformation and hate speech.

Earlier this year, Spotify said it would be more transparent in how it determines what is acceptable and unacceptable content. It published its platform rules for the first time in January. In June, it formed a Safety Advisory Council to provide input on harmful content.


5G is here. Should you buy a 4G phone? We discuss this on Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.
Affiliate links may be automatically generated - see our ethics statement for details.
Comments

For the latest tech news and reviews, follow Gadgets 360 on Twitter, Facebook, and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel.

Further reading: Bytedance, Spotify, Resso, TikTok
Huawei P60 Launch Timeline Tipped, Leaked Renders Show Dual Selfie Shooters
Share on Facebook Tweet Snapchat Share Reddit Comment google-newsGoogle News
 
 

Advertisement

Follow Us

Advertisement

© Copyright Red Pixels Ventures Limited 2023. All rights reserved.