Facebook Says It Has No Plans To Enter The Music Streaming Business

  • · 1869 Views 
  • · Posted 28 months Ago
  •  BY Jack Lowe

When it emerged that Facebook had been meeting with many of the biggest record label's, only a few days after Apple Music launched, most people (including HUH.) assumed that the social network would be planning to enter the music streaming industry. A spokesperson from the company has now put an end to those rumours, revealing to The Verge that Facebook has "no plans to go into music streaming". Apparently they were actually meeting with the labels to discuss ad-supported videos and revenue splits. Will Facebook ever attempt to enter the music industry?

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