Facebook to launch music service

Facebook has partnered with Spotify on a music-streaming service that could be launched in as little as two weeks, Forbes Magzazine reported.

The integrated service is currently going through testing, but when launched, Facebook users will see a Spotify icon appear on the left side of their newsfeed, along with the usual icons for photos and events.

Clicking on the Spotify icon will install the service on their desktop in the background, and also allow users play from Spotify’s library of millions of songs through Facebook. The service will reportedly include a function that lets Facebook users listen to music simultaneously with their friends over the social network.

Spotify already has Facebook Connect integrated into its own desktop interface, allowing users to see what their friends on Facebook are listening to, and opt to have music choices show up on their news feeds. The new service on the Facebook platform will have similar social features.

Facebook initiated this social aspect of entertainment with social gaming, to the benefit of some games developers. Zynga, which makes the wildly popular social gaming app FarmVille, is now a $10 billion company on the road to an IPO, in large part because of its successful integration with Facebook. Spotify will be looking capitalize on Facebook in a similar way.