The Blog for Video 2.0

PaidContent.org is reporting that Facebook is working on an artist platform to be launched later this year, which in essence is supposed to be better than what MySpace allows with its platform, according to multiple sources I have spoken to since this morning after a slightly off-the-mark rumor came out earlier. The platform will allows bands and labels to create artists pages, and allow various widgets to be embedded for music promotion, organizing events, etc.

Current rumors state that Facebook with partner with iTunes and go after Apple's popular download service.

Labels: facebook, indie artists, iTunes, music, music downloads, online distribution