As Snap faces increased pressure from competitors such as Facebook’s Instagram and ByteDance’s TikTok, the company is reportedly talking with music labels for broader licensing agreements to allow increased use of music via the popular Snapchat app. According to people familiar with the matter, Snap is in discussions with Sony Music Entertainment, Universal Music Group and Warner Music Group. Snap is not looking to launch the next Spotify, but rather expand the way its users can integrate music into Snaps and social media applications. Continue reading Snap Inc. Hoping to Expand Use of Music in Snapchat App

Beijing-based ByteDance plans to debut a paid music service for its video app TikTok in fall 2019, aimed at poorer countries where the industry’s dominant services, Apple Music and Spotify, have not yet taken root. Executives at India’s two largest labels, T-Series and Times Music, reported that ByteDance has already acquired rights. TikTok and its Chinese equivalent Douyin, have been downloaded more than 500 million times; TikTok popularized the world’s No. 1 song for the past month, “Old Town Road.” Continue reading ByteDance Targets Emerging Markets with Music Service

BitTorrent, purchased by blockchain startup TRON last year, plans to re-introduce BitTorrent Live, an OTT service first debuted in 2011 and shuttered in 2017. The new BitTorrent Live will be an Android/iOS social media app, whereas the original version provided access to free and paid TV channels. The company, which has put out a call for beta testers, has positioned the new app as similar to Snapchat and ByteDance’s TikTok in that it will encourage users to create and share content with like-minded people. Continue reading TRON Plans to Revive BitTorrent Live as Social Media App

The Federal Trade Commission just inked a settlement with video social network TikTok (which merged with Musical.ly last year) over the charge that its app illegally collected children’s personal information. A large percent of users are under 13, and the personal information collected — without asking for parental permission — included email addresses, names and schools. The site refused to delete video and other data when requested by some parents. The FTC said the $5.7 million settlement is a record for a child privacy violation. Continue reading TikTok to Pay Record Fine After Violating Children’s Privacy