Industry rumours suggest that Facebook is planning to bring out a music streaming service in the not too distant future, although there is no indication yet of when this could happen.
This comes hot on the heels of Apple joining the likes of Spotify, Deezer and Tidal in this busy market place. It certainly seems as though music lovers are going to have lots of different options to choose from before too long.
The rumour suggests that Facebook plans to get the digital rights side of things in order before going ahead and sorting out their own streaming service. The current suggestion is that they will try to get the big music labels involved by setting the payments around the videos.
No dates have yet been mentioned for when this music service could get going. Unnamed industry experts are said to have mentioned this being “on Facebook’s roadmap”, according to the Music Ally site.
It appears that Facebook will build a completely new music streaming service from scratch, rather than buying and adapting an existing service. It is expected that they will attempt to make it stand out from the rest of the current music services by integrating it fully into Facebook.
It remains to be seen what other big companies will look to join the music streaming revolution in the coming months and years. The new Apple service, for example, is now fully up and running. Apple Music is available at a cost of £9.99, although you can listen to the Beats 1 radio station for free.
What music streaming service have you tried so far?
image courtety of Music Industry Blog