Earlier this month, we came across reports claiming that Facebook was planning to launch a digital music-streaming service to take on the existing players in this domain such as, Spotify and Apple Music. However, in a statement issued to The Verge, the social networking giant has quashed such reports, saying that it isn’t building a music streaming service.
“We have no plans to go into music streaming,” a Facebook spokesperson was quoted as saying.
Earlier, a report in Music Ally stated that Facebook was in early talks with music labels and it could launch an audio streaming service in the next few months.
While Facebook may not be currently looking to enter into a streaming war with Apple Music and the likes, sources familiar with the development revealed that Facebook indeed is in talks with major labels to create something unique and completely different from the existing services.
Source: Music Ally
Via: The Verge
Come comment on this article: Facebook denies reports of a music streaming service plans
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