Facebook Is Reportedly Considering Digital Music

News emerged Friday that Facebook may be considering adding music to its mix. According to the New York Post, Facebook CEO Mark Zuckerberg is considering getting into the digital-music business.

whether the report is true, it would put Facebook on the heels of MySpace’s latest strategic effort to differentiate itself among youthful social networkers.

Rhapsody.com, iMeem.com, iLike.com and Lala.com are among the digital-music sites Facebook is reportedly in talks with. Facebook is additionally said to be in talks

with major music labels. It’s a move that would put Facebook in competition not only with MySpace, but plus Apple’s iTunes Store and Amazon.com, among others.

“Facebook is a serious challenger to MySpace and they would certainly want to do anything that record labels would allow them to do with advertising-supported music,” said Phil Leigh, senior analyst at Inside Digital Media. “Advertising-supported revenue would be good for Facebook and certainly free access […]

Orginal post by dhiram

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