One of China’s most valuable startups, which uses pop music for its flagship video app, could soon be in a tight spot as its licensing deals with music companies start expiring later this month, according to people with knowledge of the talks. Bytedance Ltd.’s TikTok and Douyin apps allow users to add snippets of music to their own videos—a process that depends on licenses from the three major music companies that collectively control about 80% of music globally.

Source: Wall Street Journal April 06, 2019 03:00 UTC