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Is Facebook launching an iTunes competitor?
All Facebook is reporting that Facebook is looking to launch a music download service. We suggest taking this with a grain of salt, since it comes from an anonymous source, even if AF's Nick O'Neill describes that source as "extremely reliable."While we're a bit incredulous that a social networking site would stray far enough afield to launch a music store, we've kind of gotten used to web-based companies surprising us. A few years ago who would have thought that search engine company Google would be launching an e-mail service, or an online office suite?
And it might be interesting to see a music store come from a social networking site rather than watch existing stores try to add social features. There could be a lot of opportunities for friends to share favorite artists, songs, and other information with one another. It builds a sense of community and spurs downloads.
According to O'Neill, Facebook has been looking for a CEO to head up the music subdivision and has been seeking agreements with record labels. Or the whole thing may be
Comments
2
Subscribe to commentskeevesOct 6th 2007 9:22AM
I'd would be suprised if Facebook don't release a music store some time soon. Everyone has already put on their their favourate music, and so if you click on those links you could be taken directly to the page of the artist.
Myspace is currently very big for small bands.If facebook allowed them to sell their mp3s over the internet that would be great news for them, and providing a advantage over Myspace.
Eddie TOct 6th 2007 9:53AM
Unless I read this wrongly, this would be a competitor to the iTunes Music Store, not iTunes itself? Unless a specific program will be required to play the (DRM including) files.