According to the Bulldog Reporter,
“Facebook boss Mark Zuckerberg is plotting a possible push into the digital-music business in the wake of MySpace’s launch of MySpace Music last month. The surging social-networking giant is talking to a number of song-streaming services and music community sites, including Rhapsody.com, iMeem.com, iLike.com and Lala.com, about an outsourcing deal that would more deeply integrate their music experience into Facebook, sources familiar with the situation said, the NY Post reports.
Zuckerberg and other Facebook executives also have been busy taking meetings with the major record companies about the strategy. The company has a checkered past with the recording industry. In August 2007 it was forced to pull the plug on Audio, a popular third-party application that allowed users to upload and stream music, in the face of label complaints of copyright violation. Record execs protested that Facebook was engaging in “massive infringement,” reports Post writer Brian Garrity.”
I wouldn’t be surprised if this ended up turning into nothing.