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September 28th , 2024

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TIKTOK TO SHUT DOWN MUSIC STREAMING PLATFORM IN NOVEMBER

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TikTok, a global short-form video service has confirmed it will close down its music streaming platform, TikTok Music, worldwide on November 28. The TikTok Music service is currently in only five countries; Indonesia, Brazil, Australia, Singapore, and Mexico. This means that the service will end in these countries. According to a report from musicbusinessworldwide.com, the move is to allow TikTok to focus its resources on its ‘Add To Music App’ feature, which enables TikTok users to save music tracks they discover on the video platform to playlists on their preferred music audio streaming service.

In a statement, Ole Obermann, Global Head of Music Business Development, TikTok, told MBW: “Our Add to Music App feature has already enabled hundreds of millions of track saves to playlists on partner music streaming services. “We will be closing TikTok Music at the end of November in order to focus on our goal of furthering TikTok’s role in driving even greater music listening and value on music streaming services, for the benefit of artists, songwriters, and the industry.”


TikTok Music was officially launched in Indonesia and Brazil last summer and was licensed by all three major music companies. The app was introduced in these regions as a successor to TikTok’s parent company, ByteDance’s Resso, a long-running music platform. In October last year, the app was also launched in Australia, Singapore, and Mexico but without Universal Music’s recorded music catalog due to a licensing fallout between the two parties. TikTok has resolved its issues with UMG.

Conclusion:

TikTok's decision to discontinue TikTok Music reflects a strategic shift towards enhancing its core video platform and music discovery features. By focusing on "Add To Music App," TikTok aims to:

- Strengthen partnerships with music streaming services

- Boost music listening and revenue for artists and industry stakeholders

- Leverage its vast user base to drive music engagement

This move underscores TikTok's evolving role in the music ecosystem, prioritizing discovery and collaboration over direct music streaming competition.



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