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News: Music Industry
Musical.ly and Live.ly Sold For $800M - $1B To China's Bytedance
Music video app Musical.ly and sister app Live.ly has been sold to Chinese media giant Bytedance. The deal is worth between $800 million and $1 billion, according to multiple sources. A division of Bytedance aquired Musical.ly rival Filpagram earlier this year. Hugely popular music video lip sync platform Musical.ly and its live streaming app Live.ly has ...