Based on a statement by Beijing ByteDance Technology, they are currently in the talks with labels such as Universal Music, Sony Music, as well as Warner Musics to have their songs included on a new music streaming service. The aforementioned service has yet to be named, but ByteDance plans to have it available on markets such as India, Indonesia and Brazil due to the growing popularity of streaming services.
As of now, there is no official price on the music streaming service by announced by ByteDance. However, if they want to go against streaming giants like Spotify, they’ll most likely price their service lower than USD10(~RM41) a month.
With all that said, would you be interested in subscribing to a new music streaming service by the owners of TikTok? Let us know on our Facebook page, and for more updates like this stay tuned to TechNave.com.
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