Facebook Music Plans include competing with Apple's iTunes Ping?

We heard the rumors about Spotify becoming a partner to deliver music over the Facebook platform. GigaOm posted a report that unveils a much broader approach of Facebook to the music and media segment.

According to GigaOm Facebook plans to work with other music services as well besides Spotfiy. It might even include iTunes. Facebook would give music fans a new tab on their Facebook account that shows the music their network of friends is listening to. The Facebook Music Dashboard would offer you several features to manage share and explore music with your friends. 

If and how Facebook Music features will also work with iTunes is unclear. Apple's Ping social service never really took off. Facebook with its huge user base and existing social graphs has a much better chance to make this take off fast. The question is if Apple is letting this happen on their turf.

Updates

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Source: Memphis Commercial Appeal

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