For a long time, Myspace was the dominant competitor in the world of social networking. It was home to custom profiles and a large music community. Since those days, Myspace popularity has decreased and Facebook usage has increased rapidly.
Facebook was rumored to have tried to take over the Myspace music market in 2008 when they attempted to partner with Last.Fm. However, it appears that Facebook is going to give music another try as Forbes reports that the company is in talks to partner with the popular music service, Spotify.
Forbes sources are convinced that the rumor will be officially announced in the next two weeks, which may be the launch itself. Spotify will be integrated with the menu left of the users news feed, so that there is easy access to the service. By clicking on the Spotify icon, the user will be able to listen to music at the same time as their friends, increasing the amount of media shared.
Spotify currently requires users to pay €10 in Europe and £10 in the UK for its premium service, however they offer a free version which offers 10 hours of music per month.
A large amount of detail about the partnership is not yet known, however, it’s known that the partnership will not cost either company – it will allow Facebook to have the music service they’ve always wanted and give Spotify the publicity which will ultimately give it a large boost to its user base. Unfortunately for many people, the service won’t be available if Spotify isn’t available in your country, which rules out the service coming to the US upon launch; however talks with music labels in the US are already underway, so Americans should see the service become available sometime in the future.
Image credit: TechCrunch
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