Facebook has announced a major developers conference for September 22nd in San Francisco; and while details are scarce most observers expect the launch of a Facebook music dashboard. Spotify, Pandora, Last.fm, Rdio and MOG are all rumored to be included in the new dashboard which will be accessed from the users home page. Facebook has also signaled that it will offer a more social music experience with playlist sharing and some form of group listening.

Huge Potential Upside For Music:

Given it's huge user base - more than 750 million active users, 50% of who log in on any given day - Facebook Music could drive significant music discovery and purchase, as well as, revenue for the services included. The average Facebook user has 130 friends they can influence and many have hundreds more. Together they 700 billion minutes interacting, according the stats provided by the social network.

Also expected to launch at the September developers conference are expanded mobile options including the launch of their first iPad app.