Facebook is now denying reports that they’re planning on launching an audio streaming service, saying they have “no plans”. The report was originally leaked to Music Ally via confidential sources.
Recent news is certainly pointing in the direction of a streaming service. News first surfaced that Facebook was negotiating with major labels, then Facebook released their video monetization strategy. Then, news that Facebook was negotiating music video licensing surfaced, and finally, news of a streaming service leaked.
Nina Ulloa covers breaking news, tech, and more: @nine_u
Image by Rolf Venema, licensed under Creative Commons Attribution 2.0 Generic (CC BY 2.0).