MySpace better watch its ass. Rumor has it Facebook may be nipping at MySpace’s heels with its own possible digital-music deal.
 

Not that Mark Zuckerberg would never be a simple copycat (those connectU guys that sued him might have something to say about that, though). So, the Facebook service will surely differ from MySpace’s which launched last month. The New York Post gives a peak into the variations:

But a formal Facebook foray into digital music would be decidedly different than MySpace Music, which is a joint venture between the online powerhouse (which, like The Post, is owned by News Corp.) and the world's four biggest record companies - Universal Music Group, Sony BMG, Warner Music Group and EMI.

Unlike MySpace, which traded equity in its music venture in exchange for licenses to stream ad-supported songs, Facebook doesn't want to bog itself down in securing their own licenses to distribute music, or building a proprietary service from scratch, sources said.

Details on the project are scant for now, and nothing is definite. Still, Facebook already allows music services like Rhapsody, iMeem, iLike and Lala to have a presence on the site through applications, so it wouldn’t be that big of a stretch for them to create a more condensed service.
 

Zuckerberg can’t allow MySpace to one-up him. And what Zuckerberg wants, Zuckerberg gets.