Headlines From China: ByteDance Officially Launches Qishui Yinyue Streaming Service Beta In China ByteDance Officially Launches Qishui Yinyue Streaming Service Beta In China Last September, reports indicated that TikTok parent ByteDance was preparing to roll out its own music streaming service. Now, this platform, Qishui Yinyue, has officially launched in beta. Tencent Music Entertainment (TME) execs had previously acknowledged the subscribership advantages of these agreements, and the company’s stock has struggled since their cancellation – including touching an all-time low of $2.95 per share last month, down from over $30 per share in March of 2021. Read more Digital Music...