It's unclear whether such a service would be for just music downloads or also for movie and video downloads. Recent developments with DRM, combined with disputes between Apple and content providers, has hit iTunes pretty hard, with some companies like NBC Universal walking away from the service completely.
The fact that many record company executives are displeased with Apple's business model for iTunes is not much of a secret either. Facebook could serve as a good rival for iTunes, and could certainly use the new business venture to ensure future profitability. Industry experts have agreed that Facebook needs to come up with innovative ways to make money for its future financial health.
Source:
News.com
Written by: James Delahunty @ 7 Oct 2007 17:57
