Facebook To Take On iTunes?
AllFacebook is running a rumor that Facebook is prepping an online music store that will see it compete with Apple’s dominant iTunes.
According to the report, Facebook has been searching for a CEO to head up a new MP3 sales subdivision and has been pursuing agreements with a number of record labels.
If true, it would be an interesting move by Facebook, particularly into a market space where many have tried to take on Apple in the past, and have all miserably failed. Apple itself sees value in social networking as a platform for music sales, having integrated iTunes into Bebo UK and Ireland in June.
Without knowing exactly what Facebook might be offering it’s far too early to pass judgment on any Facebook Music store, but with any luck we might see low cost or even free MP3’s on offer. Better still the music might all be offered DRM free. Wishful thinking perhaps, but it never hurts to dream.
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