Musical.ly, the short video app that’s popular among teens and young people, is going away. Kinda of. The app and all user data and accounts is being merged with Toktok, a sister app that’s owned by ByteDance, the Chinese company that acquired Musical.ly for around $1 billion last year. The switch-over happens today (Thursday) and it […]
View More Short video service Musical.ly is merging into sister app TikTokCategory: musical.ly
Musical.ly’s shutdown of Live.ly was contractually obligated
Musical.ly has begun redirecting users of its Live.ly app, which it decided to kill off last month, to a competing app called LiveMe. Existing Live.ly users are being pointed to LiveMe through an in-app message, it says. While it’s a fairly common industry practice for companies to direct users to similar apps or services when […]
View More Musical.ly’s shutdown of Live.ly was contractually obligatedMusical.ly kills its standalone live streaming app Live.ly
Musical.ly is merging the functionality from its two-year old live streaming platform Live.ly into its main app, and has disabled Live.ly’s standalone app as part of the transition process. The Live.ly app will eventually be pulled from the App Store and Google Play, the company confirmed to TechCrunch. Instead of being able to go live, […]
View More Musical.ly kills its standalone live streaming app Live.lyFacebook rolls out lip-syncing feature that’s a lot like Musical.ly
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Facebook “borrowed” a lot of features from Snapchat. Now it’s doing the same thing with another app that’s popular with the kids.
The social network is launching a new feature called Lip Sync Live, which will essentially be a direct competitor to existing lip-syncing platforms like Musical.ly.
Testing in select markets, the feature is part of Facebook’s strategy to make music a bigger part of its platforms. The company says “hundreds” of songs will be immediately available, including those by Camilla Cabero, Guns N’ Roses, Drake, and Ed Sheeran, but the library will grow. Read more…
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View More Facebook rolls out lip-syncing feature that’s a lot like Musical.lyAn app where teenagers lip synch reportedly got bought for $1 billion
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$1 billion. That was the price tag for what’s cool, according to Justin Timberlake Sean Parker’s conversation with Facebook cofounder Mark Zuckerberg.
Apparently, it’s still true.
Musical.ly just sold to Beijing Bytedance Technology, the companies announced Friday. The price tag was between $800 million to $1 billion, the Wall Street Journal reported. If you haven’t heard of Musical.ly, you may be old — or perhaps you just forgot about it.
After launching three years ago, the smartphone app quickly became a viral sensation. The concept was simple: Create 15-second music videos. Tweens and teens became obsessed with lip-syncing to their favorite songs. By 2016, it had attracted 100 million users. It even launched some new social media stars like Jacob Sartorius. Read more…
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View More An app where teenagers lip synch reportedly got bought for $1 billionAmbitious new media firm ByteDance is no longer a secret outside of China
ByteDance is a name that is about to become very familiar to everyone in international tech circles. Really it should already be. It is valued at $20 billion and its flagship Toutiao news reader app is one of China’s fastest growing internet services with 120 million daily users. It is in the process of raising a $2 billion funding round and revenue for this year is reportedly forecast… Read More