Bytedance Technology announced to turn off Musical.ly

Tinuku - China’s Beijing Bytedance Technology Co announced late Wednesday that it is shuttering the popular Musical.ly video app it acquired for nearly $1 billion in December and will move users to a revamped version of its homegrown competitor TikTok. Musical.ly and TikTok enable users to create and share short singing and dancing videos that are set to well-known songs, with numerous special effect filters.

“Musical.ly and TikTok currently operate in complementary geographies without much overlap and as both platforms continue to grow rapidly now is the time to bring them together,” the company said.

Tinuku Bytedance Technology announced to turn off Musical.ly

Although both apps were developed in China, Musical.ly became a sensation among teenagers in the Americas and Europe, while TikTok took off among youth in Asia. Heinrich said embracing the TikTok brand because it better reflects the breadth of content created on our platform that extends beyond music to comedy, performance art and more.

“Supporting one platform will allow us to expand our on-the-ground presence more quickly and easily, building local teams to support each market,” Heinrich said.

Musical.ly recently reached 100 million monthly active users and TikTok touted 500 million monthly active users in June. Bytedance has ridden the success of its news aggregation app Toutiao to become one of the most highly valued startups in China’s red-hot tech sector.

But the company has faced mounting scrutiny from China’s internet censors, with Toutiao temporarily taken off app stores for a cleanup in April while a separate joke app was permanently shut. TikTok had also been temporarily banned in Indonesia for inappropriate content. It maintains a separate app for China, known as Douyin.

New app will let users access content from new countries and viewing options that were only available on one of the apps. Among new features is an alert for when users have spent more than two hours on the app, which is similar to an option social media giant Facebook introduced on Wednesday.

The company said existing users’ accounts and content would be moved “to the new TikTok app,” which was expected to be available on app stores late Wednesday. Bytedance said in November that acquiring Musical.ly would help its users and advertisers tap into new markets.

Last month, Musical.ly shut down Live.ly, a live streaming app it had developed before being acquired by Bytedance. The company told users to try out LiveMe, a rival app in which Bytedance is an investor.

Comments