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z2008-10-20- Facebook Music Store Rumors
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Bill Seitz is a Product Manager/CTO with a track-record of bringing a business perspective to building agile product-development teams for start-ups, and is seeking a senior role in an entrepreneurial organization building disruptive Internet-driven products.
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last edited
by BillSeitz
on
Dec 20, 2008 11:49 am |
Face Book may launch its own music store (Music Industry, E Commerce) soon. Sure, Facebook's recently-opened platform has opened a few doors for users to stream music and share their favorite artists via apps such as ILike (with 5 million monthly users) and [Rhap Sody]. But this middleware still means that music isn't an integral component of the Facebook experience... Digital music distribution is experiencing a resurgence of competition now that DRM has all but been eliminated (we're looking at you, ITunes Store), but we aren't banking on Facebook playing second fiddle to MySpace Music. Considering Facebook CEO [Mark Zuckerberg]'s reported reluctance to give up the same equity control to the labels that MySpace did to create its new store, the company would probably opt to partner with established services like ITunes Store, AmaZon, or even Real's [Rhap Sody].
Bill Seitz, fluxent at gmail dot com, Weblog