tik tak applied for a patent for “Music Tik Tok”the name of the music streaming service in USA. ByteDancethe company behind the short video app will look to expand its business to new horizons and face competitors such as Spotify D Mansana Music in its market as a newcomer.
The report comes from business insider, which indicated that the Chinese firm behind the platform is already preparing to venture into music streaming services in the future. This is not far from what the app usually does, as it is considered a hub for discovering new music or making it popular with millions of users around the world.
TikTok seeks new horizons
According to the report, ByteDance applied for registration TikTok Music last May in the USA. He also indicated that the sign could be used to “a variety of products and services, including a mobile application that will allow users to buy, play, share and download music, songs, albums and lyrics”.
In addition, other use cases TikTok Music there will be a mobile app that will allow users to “stream audio and video live”, as well as the ability to “edit and upload photos as playlist covers” (such as those already seen on services such as Spotify). The app will also include the ability to “comment on music, songs and albums.”
TikTok as a competitor to Spotify and Apple Music
They may have reigned supreme in the music streaming market for a long time, but the truth is that ByteDance’s foray into the sector with TikTok Music could be a significant change for your competitors. It is important to note that TikTok is the only app that is not owned by Target -matrix facebook- which managed to overcome the barrier of 3 billion downloads worldwide.
Another reason why TikTok Music A formidable contender could be the fact that their main platform is already being used as a push to get the artist discovered and known.
“Usually a company the size of tik tak o ByteDance will only apply for trademarks for products that they seriously consider. If you look at any major company’s trademark applications, you’ll see that the ones they filed never materialized. But many times they do. And often that’s something they’re seriously working on.”said Josh GerbenTrademark Attorney at Gerben Law Firm, business insider.
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Source: RPP
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.