Facebook Denies It Is Building a Music Streaming Service

[Priyanka]

Recent reports had indicated that Facebook was getting into the music streaming business, starting its music focus first with videos on the social network to take on YouTube, and progressing to an audio streaming service with the aim to take on Apple Music, Spotify, and Pandora. However, Facebook has now denied the rumours about the latter. Talking to The Verge, a Facebook spokesperson said, "We have no plans to go into music streaming."