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Facebook is Reportedly Working on their Own Music Streaming Service

Sources close to Music Ally told the publication that Facebook is looking to pay royalties for music videos, before moving into the audio streaming world.

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Is Facebook eyeing a music-streaming service, a la Spotify?

Listeners can also get expert recommendations and save songs for offline listening.

Facing competition for Apple Music, Spotify is trying to improve its position by holding onto iOS subscribers who may be tempted to switch to the “cheaper” Apple Music.

The service is created to run in parallel with iTunes, so that the well-known service from Apple that has been running since 2003 is not obsolete.

Readers: Would you try out a music-streaming service from Facebook? Have you tried Apple Music? While Apple has not released comparable figures, Apple Music is installed automatically on the 40% of iPhones that run the latest software, iOS 8.4, and it is free for the first three months. In fact, a big part of Apple Music is providing music to users that they might have never heard of before that fit into their recommendations. So how will the Cupertino-based service match against the popular paid premium subscription service?

At the moment, it is hard to determine which of the two will emerge on top of the highly profitable music streaming service industry.

“We’re dedicated to exposing and discovering new music… and to tipping our hat to the legends”. The feature allows the users to get videos, audios and songs that artists post to Instagram, Facebook, SoundCloud and much more. In fact, Apple Music’s 24-hour radio station that broadcasts live was not considered to be a successful move.

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Spotify and Google Play Music are not new to the scene and as a result, you will find more than 30 million tracks on these apps. Not to worry, in this tip I’ll show you how to easily add songs, playlists and albums from Apple Music to your library.

Apple Inc. (AAPL) Music Pricing Aggravates Spotify Execs - LearnBonds