Shulou(Shulou.com)11/24 Report--

Thank you, Mr. Air, a netizen of CTOnews.com, for your clue delivery! CTOnews.com, July 19, TikTok announced yesterday that it has signed an expanded license agreement with Warner Music Group to establish an "extensive and unprecedented partnership".

The multi-year, multi-product agreement licenses the tracks of Warner Recorded Music and Warner Chappell Music to the commercial music libraries of TikTok, TikTok Music, CapCut and TikTok, according to TikTok, ▲ Touyuan TikTok's website. In addition, the two sides will jointly develop new commercial opportunities for artists and creators, such as goods, ticketing, digital goods and services.

In particular, TikTok stressed that the two sides also agreed to sign a licensing agreement for TikTok Music. CTOnews.com has previously reported that TikTok Music has recently been launched in Indonesia and Brazil, and TikTok plans to expand the service to other markets.

Yesterday, TikTok also announced that it would expand TikTok Music's service to Australia, Mexico and Singapore. TikTok has launched the service to a small number of test users in these three countries, and participants will be given a free trial period of three months to test the service.

According to DataReportal, Mexico is the fourth largest market for TikTok, where TikTok has 62.4 million active users aged 18 and older, after the United States (116.5 million), Indonesia (113 million) and Brazil (84.1 million).

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