The Stocks That Win From TikTok's Unexpected Retreat
Briefly

TikTok's unexpected decision to exit the music streaming space opens up significant opportunities for competitors like Spotify and Apple Music. Its massive user base can easily transition their playlists, making it a pivotal moment in the crowded music streaming market.
TikTok is a widely used social media platform, yet its music streaming business has failed to capture a dedicated audience. This move highlights the challenge of monetizing a younger demographic that may not prioritize paid music streaming.
Read at 24/7 Wall St.
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