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https://www.wsj.com/articles/tiktok-parent-bytedance-plans-music-streaming-expansion-11665602937
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TikTok parent ByteDance Ltd. has begun talks with music labels about expanding its music-streaming service globally to compete with industry leaders including Spotify Technology SA, according to people familiar with the discussions.
Significant hurdles remain in the negotiations, the people said, but ByteDance wants the service to eventually be integrated within TikTok and
to serve as a major platform for distributing music around the world.
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This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.