An extremely reliable anonymous source has informed me about Facebook launching an iTunes competitor within their company. Over the past months Facebook has been searching for a CEO to head up this new subdivision. Facebook has been pursuing agreements with a number of record labels. The target market was supposedly college students but unfortunately details are limited.
One thing is for sure though. If Facbook decides to launch an iTunes competitor the existing music applications on the platform are not going to be happy (unless of course they are granted permission to become a lead generation tool for Facebook). This may be a little late on the timing though if downloadable music is eventually going to become free. Regardless, Facebook has been working on this project for many months now. I heard rumors of this back in March but none had been substantiated.
My most recent informant knows one of the people being interviewed for the position. The only thing under question at this point is how are they going to integrate this properly. Also, is this a tangent to their primary business model? Would you buy music from Facebook?
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Facebook’s Music Store?…What do you do when your site’s visitors are literate in, and willing to use, piracy for all their content?Start a music store?Both the logic and veracity of the latest report are doubtful. Apple makes little to no money on iTunes- it’s u…
Comment by Lonely CEO Media - F — October 5, 2007 @ 7:06 am
[...] to launch an iTunes competitor and is actively pursuing deals with a number of record labels. All Facebook reportsf that the company is also looking to hire a CEO to head the new division, and has been working on [...]
Pingback by Rumor: Facebook to Launch MP3 Store? — October 5, 2007 @ 10:19 am
[...] You can read the rest of this blog post by going to the original source, here [...]
Pingback by Blog Feeds about Music » Archive » Facebook to Launch iTunes Competitor — October 5, 2007 @ 10:21 am
"My most recent informant knows one of the people being interviewed for the position. The only thing under question at this point is how are they going to integrate this properly."
… really? I mean, really? Third-hand information about an interview leaves technical details as the "only thing under question"?
Comment by Jake — October 5, 2007 @ 10:35 am
We're finally going to see some of Parakey's technology. Music that you buy will be available online through Facebook to access from anywhere and it will sync with your home computer to store the music locally. I don't understand all the skepticism…this is awesome!
Comment by Lajolla5380 — October 5, 2007 @ 10:37 am
Sorry, but this makes zero sense to me. This is definitely a tangent and I don't understand how it would integrate with the vision Zuckerburg has painted for Facebook. The music market is right in the middle of big changes, so Facebook would have to really differentiate themselves to pull this off. Otherwise, I'd see little incentive to buy from them.Personally, I hope this rumor is false. Facebook needs to keep focusing on and refining the social utility they've built so well so far.
Comment by theharmonyguy — October 5, 2007 @ 11:38 am
Facebook’s Music Store?…
What do you do when your site’s visitors are literate in, and willing to use, piracy for all their content?
Start a music store?
Both the logic and veracity of the latest report are doubtful. Apple makes little to no money on iTunes- it’s u…
Trackback by Lonely CEO Media - Facebook Application Development and Consulting — October 5, 2007 @ 12:06 pm
[...] rumor is afloat, brought to the surface by Nick O’Neil that Facebook is working on a music service that will compete directly with iTunes. According to [...]
Pingback by Facebook to Launch an iTunes Competitor? — Facebook Observer — October 5, 2007 @ 12:07 pm
[...] launching a music store? October 5th, 2007 All Facebook, the Unofficial Facebook blog claims that Facebook is readying an iTunes [...]
Pingback by Rumor Mill: Facebook launching a music store? « the listenerd — October 5, 2007 @ 12:36 pm
Sorry, but this makes zero sense to me. This is definitely a tangent and I don't understand how it would integrate with the vision Zuckerburg has painted for Facebook. The music market is right in the middle of big changes, so Facebook would have to really differentiate themselves to pull this off. Otherwise, I'd see little incentive to buy from them.
Personally, I hope this rumor is false. Facebook needs to keep focusing on and refining the social utility they've built so well so far.
Comment by theharmonyguy — October 5, 2007 @ 12:38 pm
[...] PT | No comments Is Facebook planning on launching an MP3 store? Mashable this morning linked to a post on All Facebook that notes an “extremely reliable anonymous source†tipped off blogger Nick O’Neill that [...]
Pingback by Rumor: Facebook To Launch MP3 Store? « GigaOM — October 5, 2007 @ 1:22 pm
[...] Facebook will join the competition if my sources are correct. It will be interesting to watch this all pan out. If you are an independent musician [...]
Pingback by iLike Launches Service for Musicians - The Unofficial Facebook Blog — October 5, 2007 @ 1:39 pm
[...] Allfacebook.com is reporting that Facebook is looking at leveraging its relationship with college students to go into the downloadable music industry. If the report is true, this would be the first crack in Facebook’s previously flawless execution. With so many other services doing it really well (iTunes and Amie Street to name just a few), why would you build it yourself when you have so much more to do within your core business? [...]
Pingback by MyTechnologyCompany.com | Facebook to Go Into Music Distribution? — October 5, 2007 @ 1:41 pm
[...] interesting… [From Facebook to Launch iTunes Competitor - The Unofficial Facebook Blog] You can skip to the end and leave a response. Pinging is currently not [...]
Pingback by blackrimglasses.com » Blog Archive » Facebook to Launch iTunes Competitor - The Unofficial Facebook Blog — October 5, 2007 @ 1:48 pm
We’re finally going to see some of Parakey’s technology. Music that you buy will be available online through Facebook to access from anywhere and it will sync with your home computer to store the music locally. I don’t understand all the skepticism…this is awesome!
Comment by Lajolla5380 — October 5, 2007 @ 2:37 pm
[...] Now rumor has it that Facebook is in the process of putting together their own iTunes competitor. AllFacebook – the unofficial Facebook Blog is the one to report the news and says that “an extremely reliable anonymous source” [...]
Pingback by Facebook as an iTunes Competitor? - CyberNet News — October 5, 2007 @ 4:22 pm
[...] à iTunes et serait même activement entrain de tisser des partenariats avec nombreux labels. All Facebook rapporte que le réseau social aurait recruté un CEO pour prendre la direction de cette nouvelle [...]
Pingback by Rumeur: Facebook préparerait le lancement de son “Music Store” — October 5, 2007 @ 5:04 pm
[...] is reporting a rumor that Facebook will take on Apple’s dominant iTunes by introducing its own music store. Few [...]
Pingback by Facebook: What would a Facebook music store look like? »TechAddress — October 5, 2007 @ 7:22 pm
[...] is running an unsubstantiated rumor that Facebook is prepping an online music store that will see it compete [...]
Pingback by Facebook To Take On iTunes? — October 5, 2007 @ 10:51 pm
If Myspace never tried to be an iTunes competitor, why would Facebook even think about doing so?
Comment by Tan The Man — October 5, 2007 @ 11:19 pm
I suppose with a 40 millions users base, facebook could do that. It would be attractive for labels. But it has to be DRM free because it needs to work on the any mp3 player, especially the ipod. The advantage is to show your friends what you are listening to and then it can spread the word about such and such band…..
Comment by Amaury Cork — October 6, 2007 @ 12:01 am
[...] blogu AllFacebook se Facebook chystá spustit online obchod s hudbou, tedy konkurenci dominantnÃmu iTunes z dÃlny Apple. Údajný velmi serióznà zdroj dokonce [...]
Pingback by Facebook se chystá konkurovat iTunes? — October 6, 2007 @ 1:07 am
[...] fait courir la rumeur que Facebook est en train de concocter un magasin de musique en ligne qui rivalisera avec iTunes [...]
Pingback by TechCrunch en français » FaceBook se lancerait dans la vente de musique — October 6, 2007 @ 2:56 am
If Myspace never tried to be an iTunes competitor, why would Facebook even think about doing so?
Comment by Tan The Man — October 6, 2007 @ 3:19 am
[...] un rumor ma che verrebbe da una fonte abbastanza attendibile di AllFacebook, il social network che varrebbe dieci miliardi di dollari potrebbe aprire un negozio virtuale di [...]
Pingback by Facebook inizierà a vendere musica online? — October 6, 2007 @ 4:37 am
I suppose with a 40 millions users base, facebook could do that. It would be attractive for labels. But it has to be DRM free because it needs to work on the any mp3 player, especially the ipod. The advantage is to show your friends what you are listening to and then it can spread the word about such and such band…..
Comment by Amaury Cork — October 6, 2007 @ 4:01 am
[...] [All Facebook] Comment on this post | [...]
Pingback by Facebook trying to compete with iTunes? | Gadgetell — October 6, 2007 @ 7:04 am
[...] rumor surfaced today outing a new online music distribution business from Facebook to compete with iTunes. From what has [...]
Pingback by AndrewJStone — October 6, 2007 @ 7:44 pm
[...] Read [All Facebook] [...]
Pingback by daily digital blog » Facebook trying to compete with iTunes? — October 6, 2007 @ 7:51 pm
[...] to multiple sources I have spoken to since this morning after a slightly off-the-mark rumor came out earlier. The platform will allows bands and labels to create artists pages, and allow various widgets to be [...]
Pingback by MySpace Help Blog » Blog Archive » Facebook Working On a Music Platform For Bands; Not iTunes Killer, But MySpace; Apple Tieup — October 6, 2007 @ 11:22 pm
[...] is also working on constructing a music store of their own. This rumor comes straight from the AllFacebook blog, and he claims that this news was tipped to him by a very reliable anonymous source. He also [...]
Pingback by Facebook to race against iTunes? — October 6, 2007 @ 11:56 pm
[...] rodrigo_magrello wrote an interesting post today onHere’s a quick excerpt [...]
Pingback by music » facebook lançando loja de músicas? — October 7, 2007 @ 1:27 am
It's not iTunes that is so popular… it's the iPod. The iPod MAKES iTunes worth it, and right now 72% of mobile media users are using iPod… Good luck facebook! Ask Wal-Mart how that turned out!
Comment by Anonymous — October 7, 2007 @ 4:11 am
[...] xjernejx wrote an interesting post today onHere’s a quick excerpt [...]
Pingback by music » Facebook to Launch iTunes Competitor - The Unofficial Facebook Blog — October 7, 2007 @ 7:49 am
It’s not iTunes that is so popular… it’s the iPod. The iPod MAKES iTunes worth it, and right now 72% of mobile media users are using iPod… Good luck facebook! Ask Wal-Mart how that turned out!
Comment by Anonymous — October 7, 2007 @ 8:11 am
[...] tuo contatto ha caricato e che desidera condividere. Mi domando: e quando Facebook lancerà uno store di musica online? Probabilmente le cose cambieranno. Intanto… buon social [...]
Pingback by InTuneFM: scovare la musica su Facebook — October 7, 2007 @ 9:40 am
An iTunes killer from … Facebook?… Everyone want’s Apple’s crown as the world’s biggest music superstore. Now social networking heavyweight Facebook seems to be the latest contender. Is this a natural thing for Facebook to do? It would probably be better if a third…
Comment by NovaScene — October 7, 2007 @ 3:06 pm
[...] de l’industrie de la musique. Cette information dite “très fiable” émane de Nick O’Neill. Ce qui est intéressant c’est que Facebook semble entamer unprocessus inverse de ce [...]
Pingback by » Facebook, un nouveau concurrent d'iTunes ? — October 7, 2007 @ 3:44 pm
[...] nikography wrote an interesting post today onHere’s a quick excerptI hope that PaidContent is right and it will be an Apple/FB deal. Dave Morin could be a nice bridge [...]
Pingback by music » Facebook to Launch iTunes Competitor — October 7, 2007 @ 5:17 pm
An iTunes killer from … Facebook?…
Everyone want’s Apple’s crown as the world’s biggest music superstore. Now social networking heavyweight Facebook seems to be the latest contender. Is this a natural thing for Facebook to do? It would probably be better if a third…
Trackback by NovaScene — October 7, 2007 @ 8:06 pm
[...] AllFacebook – Facebook to Launch iTunes [...]
Pingback by Loving Links « The Rosemont Loving — October 8, 2007 @ 5:22 am
[...] Resmi olmayan Facebook blogu Allfacebook‘a göre ünlü sosyal a? sitesi,Apple’?n iTunes’una rakip olacak bir online müzik sat?? ma?azas? açacakm??. [...]
Pingback by Facebook’tan Yeni Bir At?l?m : Rebelboy.net — October 8, 2007 @ 7:26 pm
[...] Facebook to launch music service Facebook to launch a music service, there’s plenty of rumors circulating it to be an iTunes killer, but without the hardware offering, it seems [...]
Pingback by Weekly Digest of the Social Networking Space: Oct 10, 2007 — October 10, 2007 @ 5:30 am
[...] Facebook planning on launching an MP3 store? Mashable this morning linked to a post on All Facebook that notes an “extremely reliable anonymous source†tipped off blogger Nick O’Neill that [...]
Pingback by Rumour: Facebook To Launch MP3 Store? at Bandwidth Blog — October 10, 2007 @ 9:45 am
[...] it be a Facebook music store? A MySpace-like platform for bands? Microsoft to take a [...]
Pingback by Rumor Mill: Facebook to Announce Something Tomorrow « PRNewser — October 22, 2007 @ 1:09 pm
[...] I previously wrote about Facebook launching a music service. A couple days ago the rumor resurfaced that Facebook would be announcing the music service at the AdTech conference in addition to announcing their new ad network. According to Wired, the rumor has been confirmed by a Warner Bros. Records executive who posted on his blog that he is looking for Facebook application developer immediately. [...]
Pingback by Facebook to Announce Music Next Week - The Unofficial Facebook Blog — November 1, 2007 @ 3:26 pm
Good article and comments. I love downloading podcasts to my iPod and making playlists because it is convenient; I can listen to them at anytime.
Comment by iPod Repair — November 10, 2008 @ 3:14 pm
i dont buy music off itunes, as i dislike apple. but i think if FB had something to add to the music industry, such as integration of selling new up and coming music, and just advertising to the biggest social site that “my new high school band has a few recorded songs you might like” it would be decent. im not 100% sure, but i dont think itunes has anything like that. and most of the sites for up and coming music arent near the size of FB. it would be the best of both worlds. and maybe FB could strike a deal with the record labels that are also providing itunes the music rights to distribute it, they could get most of the music that apple is. i cant count the ammount of times im looking for my favorite album of a smaller (ish) band and they only have one or two.
either way, if they seem decent enough, i would much rather give money to facebook than apple. no offence to anyone who wants to defend apple, ive just had a lot of bad experiences with their products, and customer support, and software.
Comment by brandon — June 14, 2010 @ 1:57 am