TikTok owner ByteDance is planning to launch a paid music service in India soon
FirstpostByteDance expects to introduce the app as early as this fall in a handful of countries including India. A report by Bloomberg reveals ByteDance is now readying a paid music service that will challenge the likes of Spotify and Apple Music in markets like India. While a report in April by the South China Morning Post did hint that ByteDance could be planning to enter the music streaming space soon, the new report expects the service to be introduced as a new app as early as this fall. ByteDance’s new music service: All we know so far There hasn’t been any formal announcement from ByteDance yet, but from what’s known, the company has already secured rights from T-Series and Times Music, two of India’s largest labels. While breaking into the Indian music streaming space won’t be a cakewalk, the success of fairly new entrants like YouTube Music, will definitely fuel hope for ByteDance.