The deal will make the company "one of the top global, pure-play video-sharing social networking platforms to be owned by a U.S. publicly traded company, competing with TikTok and Kuaishou." By Georg ...
On July 26 Universal Music Group announced a freshly-inked licensing deal with Singapore-based short-form video-sharing app and TikTok rival, Lomotif. As first reported by the Financial Times, UMG and ...
ZASH Global Media and Entertainment announced the completion of its acquisition of Lomotif Private Limited Friday morning. What Happened: The acquisition of Lomotif is complete through a joint venture ...
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