TikTok Music could be the latest competitor to Apple Music and Spotify as TikTok’s parent company ByteDance just filed for a trademark for its eventual US music streaming service.
First spotted by Business Insider, this could mean the social media giant could be poised to compete with Apple Music and Spotify in the near future.
As the publication mentions, TikTok is already a hub for discovering new music. Also, it helps to make songs go mainstream and top charts like Billboard 100, Spotify Viral 50 and Apple Music playlists.
The TikTok Music trademark was introduced in the US in May. It can be used for “various goods and services, including a mobile application that will allow users to buy, play, share, download music, songs, albums, lyrics.”
Other possible use cases for “TikTok Music” on the ByteDance app include an app that will allow users to “stream audio and video live” as well as the ability to “edit and upload photos as playlist covers” and “comment on music, songs, and albums.”
If that turns out to be the case, Apple Music and Spotify will have some serious competition. TikTok, for example, is the only non-Facebook app to have surpassed 3 billion downloads worldwide, and again, that’s a huge boost for artists to discover.
“Usually, a company the size of TikTok or ByteDance is only going to file trademarks for items they seriously consider,” trademark attorney Josh Gerben of law firm Gerben told Insider. “If you look at any major company’s trademark applications, you’ll see ones that they filed but never materialized. But many times they do. And often that’s something they’re seriously working on.”
Are you subscribed to Apple Music or Spotify? Are you ready to switch to TikTok if its music streaming service ever revives? Share your thoughts in the comments section below.
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