TikTok Owner Reportedly Expanding Its Empire Into Music Subscriptions
TikTok owner ByteDance, the Beijing-based behemoth that answers to no man (or at least U.S. senator) is reportedly crafting plans to fulfill its destiny, i.e., its foray into the subscription music business. According to the Financial Times, ByteDance has approached Warner Music, Sony, and Universal for licensing deals, a move which should further strike fear…