Tag: tiktok

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Simon Fuller will launch his next pop group… with TikTok

Entertainment mogul and 'Idol' founder Simon Fuller has been busy with his multi-national pop band Now United in recent years, but now he's got a new project on the go. It's a partnership with TikTok to put a new group...
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TikTok rivals continue to see spike in US downloads

Events around TikTok and its proposed ban in the US are moving so fast, any data on how consumers are responding risks being out of date as soon as it's published. Still, Sensor Tower has some new numbers on how TikTok's...
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Executive order bans US transactions with ByteDance… and Tencent

As promised, President Trump has signed an executive order banning all transactions by US companies with TikTok's parent company ByteDance. However, a separate order extends the ban to messaging app WeChat AND its parent...
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Report claims TikTok sale price could be up to $30bn

Last month there was speculation that a spun-off TikTok could be worth $50bn. Now it seems Microsoft is likely to be paying rather less for the social app, if it manages to acquire it. "Microsoft could buy TikTok for...
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TikTok was the top-grossing non-gaming app in July 2020

Analytics firm Sensor Tower published its latest charts yesterday for the top grossing non-gaming apps globally, based on data from Apple and Google's app stores. TikTok came top of the July 2020 chart with $102.5m of estimated...
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WMG boss: ‘We’re very happy that Spotify is investing in podcasting’

Having published its latest financial results this morning, Warner Music Group held its quarterly earnings call this afternoon, with CEO Steve Cooper and CFO Eric Levin fielding questions from analysis. One of those questions...
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President Trump demands ‘substantial’ chunk of TikTok sale price

The story of TikTok's possible ban and/or acquisition in the US is moving very fast. As we reported yesterday, Microsoft is in talks not just with TikTok and its parent company ByteDance, but with the US government and with...
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Microsoft in talks to buy TikTok in US and other countries

Events have moved fast since Friday for TikTok's business in the US, it's fair to say. We'll start with the latest news: confirmation from Microsoft that it's in talks about an acquisition of TikTok in the US and certain...
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Could an independent TikTok be worth $50bn or more?

Rumours continue about how TikTok plans to avoid a potential ban in the US by separating from its parent company ByteDance. Reuters claimed yesterday that some of the latter's investors – including VC firms Sequoia and...
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Roposo, Zili and Dubsmash capitalising on TikTok India ban

We know that TikTok's ban in India has led to a spike in downloads of rival apps, many of them homegrown. Now analytics firm Sensor Tower has offered some figures to quantify that spike. It reckons that three of the key...
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Triller hits 50m users and poaches TikTok star Josh Richards

Social music app Triller has announced a new milestone: it reached 50 million monthly active users in June 2020. The company continues to define itself by its TikTok rivalry, pointing out that the 50m figure was "surpassing...
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TikTok hopes creation will be a ‘key metric’ for the charts

TikTok's recently appointed global head of music Ole Obermann has given one of his first interviews in the role, and the former WMG exec will be hoping that official chart compilers will be reading. "I absolutely think...