As Myspace continually recedes into the graveyard of social media, Facebook has stepped up to fill the void. And now the network and may be slated to give Myspace another kick as Facebook launches its own music service. The backbone of Facebook’s music service is the ability to listen to all kinds of music over a vast social network with theoretically millions of other people at once.

Just a few weeks ago, Facebook announced that its new music service would be in conjunction with the European music streaming service Spotify. But it’s recently come to the attention of tech blogs everywhere that Facebook Music won’t just be an exclusive partnership with Spotify but a grand aggregate of many different music services such as Pandora and Rhapsody.

According to GigaOm, Facebook will add a “Music” tab where users can see charts of songs and albums their friends have been listening to, recommended songs and view a constant feed of what is happening in their social and musical internet stratosphere. Like, it will be possible for users to know exactly what their friends are listening to at any given moment. The service will also include a controller at the bottom of the screen (next to the chat application) for seamless music playback. Basically, Facebook Music will allow you to listen to an incredible library of music—for free—as well as connect you with your friends to discover new music.

Most of the time Facebook website upgrades are notoriously creepy, usually introducing new and unique ways to stalk ex-whatevers. However, this update looks like it could revolutionize the way new music is promoted and shared. As far as technological advances go, Facebook Music scratches the surface of the cloud interface, which allows the casual user to connect to a vast network to store data, play games and—of course—listen to music without the hindrance of old, sub-par hardware. Facebook will supposedly officially announce its new music feature at the 2011 f8, Facebook’s annual developer conference. f8 2011 is set to occur this August.