Chinese firm nabs social video app Musical.ly for as much as $1 billion
It was acquired by Chinese media company Bytedance.
Musical.ly debuts original mini-shows from NBC and MTV
The app is rolling out four series over the next few days.
NBC and Viacom are making original shows for Musical.ly
The company is reportedly looking for original interactive shows.
Apple Music clips are the new stars of Musical.ly videos
And you, of course.