Today the New York Post revealed that Facebook CEO Mark Zuckerberg may be looking to follow MySpace’s lead by offering a digital music store. Not through licensing their own content, mind you, but working through a third party that already has the nasty licensing business worked out.

MySpace’s music service currently works as a proprietary service built from the ground up using source licensing, with all their content hosted directly from MySpace. Whereas Facebook is reportedly looking to work with Rhapsody, iLike, Lala and IMEEM as content providers and licensers.

Supposedly, listening to the music itself will be free, and sold through Amazon. Listening to songs on Facebook would prompt on-screen advertising.

“Facebook is a serious challenger to MySpace,” said Phil Leigh, of Inside Digital Media, “and they would certainly want to do anything that record labels would allow them to do with advertising-supported music.”

So what say you, social networking site user? Would you use a Facebook powered music store? Let us know in the comments.

Image Credit: New York Post