Facebook, a best social networking site, is likely to launch a Facebook Music service this September, making it a hub for games, music, and movies. 750 million users of Facebook will be able to listen music through the site-sharing songs in short time; in the same way as they currently share videos, Hollywood films, television programs and news links. By this move, Facebook could come in direct competition with iTunes service of Apple and may strengthen the site’s position in front of biggest rival Google as the UK’s most accepted web destination.

According to Technology blog Mashable and CNBC’s Fast Money Halftime Report, the music and media platform may be announced at f8 developer conference of Facebook on 22nd September in San Francisco. Confirmation of Facebook’s music service 1st featured in the code of Facebook’s newly launched video chat service called ‘Facebook Vibes’, prompting rumors to circulate about the forthcoming music service.

This summer, the rumors of Facebook Music service have been as unbridled as the iPhone 5. According to recent reports from Technology blog Mashable, Zuckerberg’s Social Network is already testing the future online music streaming services called Facebook Music with partners like Rdio, MOG and Spotify. So the music will not be hosted by Facebook on its own servers; even though it is not clear that Facebook has aligned other launch partners or not. Spotify is a Swedish music service which is highly popular in the UK and used by nearly 10 million people worldwide and is observed as a grave challenger to iTunes of Apple.

This music service through the social network Facebook with its 750 million members will surely experience an enormous success. Besides this music service, Facebook may also declare a deal with Netflix for sharing of movies online. The latest music sharing service on Facebook is named “connective tissue” which describes the manner in which users can share playlists and music. Facebook users will be allowed to listen in the millions of songs directly via the site without any installation of special software on their PCs.

At present, all streaming music services are in stand-alone experience but Facebook Music will give a way to share a playlist or song with a Facebook friend and translate it to each person’s choice of streaming music service. This means that a playlist which can be open in Spotify by a Spotify user could be shared by a MOG user. It sounds easy in retrospection, but in the past this was not possible.

In simple words, Facebook remains being Facebook, but incorporates new ways of sharing with your communal media glances. The streaming music services like Spotify, MOG, Rdio and Rhapsody will insert a “Facebook Connect” log in feature on their services for allowing users to share music in a convenient way.