While ByteDance executives battle it out with major labels, Amazon’s Twitch may very well steal away TikTok’s core audience. According to a report published earlier this week, Chinese conglomerate ByteDance – parent company of TikTok – remains in stalled licensing negotiation talks with major labels. As the conglomerate’s valuation now stands at $76 billion, the […]
The post Amazon’s New Karaoke Platform ‘Twitch Sings’ Could Cut into ByteDance’s TikTok Market Dominance appeared first on Digital Music News.