News Snapshot:
TikTok ’s parent company ByteDance will reportedly launch a music streaming service in China by the end of the year. - READ MORE: [Australian musicians are creating a local music streaming service operating under a co-op model] According to Chinese news outlet 36Kr , the app is currently in its late stages of development under the provisional name “飞乐 [Fei Yue]”. The team overseeing the service’s development was said to be the same as the one behind Douyin, China’s version of TikTok. The report also stated that Fei Yue has been in the works since 2019, with Alex Zhu, Vice...
