Facebook wants to compete with YouTube
Facebook representative told to the media, that the rumors shared by Music Ally, are not true. The company is not working on music streaming service and has no plans to enter this business soon.
However, the company does not reject the rest of the hearing, according to which Mark Zuckerberg and his team plan to integrate the YouTube competitor in Facebook. The media even said that Facebook’s service is much better than YouTube, is already being tested internally. It will include options for advertisers analysis of unlicensed music and more. Of course, in the future, the platform could be separated music service like YouTube.