Bytedance, the parent of successful short-form video app TikTok, may have acquired UK start-up Jukedeck which generates original music based on artificial intelligence algorithms.
Jukedeck CEO Ed Newton-Rex and some of his colleagues recently updated their LinkedIn profiles to Bytedance as their place of employment. According to Music Ally the company acquired Jukedeck earlier this year.
Jukedeck did not comment on the news. It’s homepage is now offline, but a message displayed reads: “We can’t tell you more just yet, but we’re looking forward to continuing to fuel creativity using musical AI.”
The takeover could simplify music licensing issues for TikTok. Right now, the app pays for the music people use. With the addition of Jukedeck, people could record their own royalty-free jingles to top their videos.
According to the data by Sensor Tower, the music app has reached 800 million downloads worldwide and 80 million in the US.