TikTok To Reportedly Launch Music Streaming App

TikTok To Reportedly Launch , Music Streaming App.<br />TikTok To Reportedly Launch , Music Streaming App.<br />'Insider' reports that in May, TikTok parent company ByteDance filed patents for "TikTok Music.".<br />A similar trademark was also filed in Australia last November. .<br />The filing suggests the service would allow users to play, share, download and purchase music.<br />Users would also be able to comment on music and create and share playlists.<br />Users would also be able to comment on music and create and share playlists.<br />'NME' reports that in 2020, ByteDance launced a music streaming app in India, Brazil and Indonesia called Resso.<br />The app reportedly has similar features as the ones described in the "TikTok Music" filings. .<br />It's not clear if Resso's framework will be used to develop the new streaming app or if a separate service will be constructed.<br />'NME' reports that competitor Snapchat recently announced the "Sounds Creator Fund,".<br />a monthly grant of up to $100,000 for independent artists who utilize its platform.