TikTok Is the New Music Kingmaker, and Labels Want to Get Paid
Published on: Thursday 09 May 2019
They’re seeking a better deal after they missed the rise of the social video platform and sold music rights for a flat fee. TikTok and Douyin, both owned by the Chinese startup Bytedance Ltd., are ...
News source: https://www.bloomberg.com/news/articles/2019-05-10/tiktok-is-the-new-music-kingmaker-and-labels-want-to-get-paid
