TikTok Sale in Limbo: ByteDance Yet to Begin Negotiations With Potential Buyers as Deadline Looms

TikTok Sale in Limbo: ByteDance Yet to Begin Negotiations With Potential Buyers as Deadline Looms

By Marcus Delano Thompson

March 8, 2025 at 02:12 AM

ByteDance and potential TikTok buyers haven't started negotiations, despite an approaching April 5th sale deadline in the United States. This development raises concerns about the app's future in the U.S. market.

![TikTok Sale Deadline](Solen Feyissa)

Several key factors complicate the potential sale:

  • Chinese government ownership stake in ByteDance
  • Required approval from Beijing authorities
  • Complex data migration requirements
  • Algorithm ownership and transfer
  • Multi-billion dollar valuation
  • Competition among potential buyers

President Trump has indicated he would "probably" extend the deadline if no deal is reached by April 5th. However, the lack of active negotiations between ByteDance and prospective buyers suggests limited progress toward a sale.

The Chinese government's reported "slow-rolling" approach to the TikTok sale continues to be a significant obstacle. Without Beijing's approval, any potential deal cannot move forward, regardless of interested buyers or negotiation terms.

Industry Impact:

  • Many music industry players remain indifferent to TikTok's fate
  • Concerns persist about inadequate music monetization, especially for independent artists
  • Questions about viral content's long-term impact on streaming growth
  • Uncertainty around the platform's future business model

The situation remains fluid, but without immediate engagement in sale discussions, a resolution before the April deadline appears unlikely. ByteDance and Chinese authorities will need to initiate serious negotiations soon if a sale is to materialize.

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