A “TikTok Music” streaming application could be launched. This would sign the arrival of a new rival for Spotify and Apple. The Verge recalls that ByteDance had already registered a “TikTok Music” trademark in Australia last November.
A new music streaming app
In May, ByteDance, the parent company of TikTok, filed a document with the US Patent and Trademark Office. The object? The creation and registration of the “TikTok Music” trademark. According to the document, discovered by Business Insider, the service would allow users to buy, play, share and download music. But it’s not that. It would also be possible to edit, share and recommend playlists, comment on music, broadcast live audio and video files or even edit and upload photographs as covers for playlists.
Logically, it is quite possible that TikTok Music will integrate with the main TikTok app. This will allow ByteDance to convert its 1.2 billion user base on TikTok into new users for its streaming app.
A new major competitor
Note that ByteDance already operates Resso, a music streaming application in India, Brazil and Indonesia. In a report, Business Insider revealed that Resso’s monthly active users grew by 304% between January 2021 and January 2022. And that’s in India alone. By way of comparison, during the same period, Spotify recorded a growth of 38%.
This new music streaming application, if it saw the light of day one day, would therefore represent a new major competitor for the current giants of the sector. For example, on Apple Music and Spotify, it is not possible to comment on the music. A feature that ByteDance plans to integrate into its new service
