ByteDance's Douyin and Tencent bury hatchet, reach video cooperation pact


FILE PHOTO: A logo of Tencent is seen at its booth at the 2020 China International Fair for Trade in Services (CIFTIS) in Beijing, China September 4, 2020. REUTERS/Tingshu Wang

BEIJING (Reuters) -Douyin, the Chinese counterpart of TikTok, and internet giant Tencent have agreed to explore the joint promotion of short and long videos, in a thawing of frosty relations that has often been marked by lawsuits and public spats.

Douyin, which like TikTok is owned by ByteDance, said in a statement it is now authorised to use Tencent Video content and rules about how secondary content can be generated have been clarified.

Users of platforms in the Douyin Group including Douyin, Xigua Video and Toutiao will be able to create short videos using the content in long videos on Tencent platforms, it said.

Tencent, which backs rival short-video platform Kuaishou Technology, had long been upset over how some Douyin users would create short videos using copyrighted material in long videos without obtaining approval.

"The latest development not only helps to settle the ongoing IP disputes but also helps to lay a framework for future collaborations between the two video platforms," MorningStar analyst Ivan Su said.

Chinese regulators have in recent years reprimanded the country's tech giants for creating "walled gardens" that prevents rivals' links and services from being shared on their platforms.

(Reporting by Sophie Yu, Josh Ye and Brenda Goh; Editing by Edwina Gibbs)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

Software provider EPAM lifts annual forecasts as IT spending rises
India raids offices of sellers using Amazon, Flipkart platforms, sources say
Arm Holdings shares fall after forecast fails to impress investors
Amazon to invest $1.3 billion in Italy data centre business
Dell opens AI centre in Shenzhen as PC maker shows commitment to China
Corning faces EU probe into smartphone ‘Gorilla Glass’
Tech giants brace�for AI revamp, antitrust pullback in Trump 2.0
UBS pilots blockchain-based payment system
How a viral TikTok video compelled city to replace broken street lamps
Poco launches its C75 smartphone (priced from RM499) and Poco Pad (from RM1,399) in Malaysia

Others Also Read