The US issuing the equivalent of "do not honor checks from TikTok, LLC" would be enough to throttle them out of existence in the US.
You can then still sideload stuff, but you are immediately in a violation of OFAC. Naturally, I doubt even US government would be stupid enough to open that particular pandora's box.
If you're interested in giving up America's commitment to either, that's fine, but I'd like to have some say in what other forms of speech and trade are silly to allow.
The United States should not be expected to have a dominating position in media export forever, though, and when its relevance outside the domestic market wanes, its media producers will be free[2] to edit their products with no regard for what the rest of the world thinks of them.
[1] Also, both Television and Hollywood codes were a thing for a very long time.
[2] They are currently free to do so, too, and they exercise that freedom. They just don't do it in a way that is consistent with your values. Since they aren't nationally owned companies, they aren't beholden to you in this respect.
your saying its fine? that western companies have to bow to the CCP in other to be able to have access to the Chinese market? while we allow them to profit from our free speech/ freedom we have here