Rumor: Facebook to Launch MP3 Store?

Google 10-05-2007

Facebook is reportedly readying to launch an iTunes competitor and is actively pursuing deals with a number of record labels. All Facebook reports that the company is also looking to hire a CEO to head the new division, and has been working on the project since March.

Launching a music store would make sense for Facebook, especially if they can follow the DRM-free model recently unveiled by Amazon. The site has tens of millions of potential customers, and there are surely some clever social angles Facebook could put on a music store. Currently, the music scene on Facebook is dominated by third party apps such as iLike.

We will see if anything materializes here, or if this proves as baseless as the rumor that the “Where I’ve Been” Facebook app was sold to TripAdvisor for $3 million.

Raven

That would be a horrible idea. The only reason facebook would do this is if it doesn't cost them much money to add and its low matenience. Any other reasons besides more place for ads would be pointless.

SamiJo

So it would basically be a lamer version of iTunes thru facebook? eh, no thanks. I'm sure there are the ones that would love this but I don't think it will be as successful as they want it to be. They are all about other applications right now, everyone has one which is fine but I see this all dying out pretty soon when people move on to something else and/or just get sick of the younger kids taking over everything (which is extremely irritating, especially on facebook!)

Dream

Facebook used to be an escape from all of them but since they turned into myspace gaining more of them.