"While there are lots of services, it would be great to see Twitter get into the music business if they can provide some added value, such as to marry their real-time capabilities with music, have the capability for users to easily find new music from their Twitter followers, or to purchase songs directly from a twitter music app and then immediately share that with their own followers," he said.
"Twitter content tends to be more public than say that on Facebook or other social networking services, so having that music-sharing capability with no issues around privacy could help artists reach more people," Blau said. He added that it's smart for Twitter to expand its business and revenue lines.
However, launching a music service or app could be easier than making it successful over the long term, especially with social competition from the likes of Facebook.
Hadley Reynolds, an analyst with NextEra Research, said he's interested to see whether Twitter can make a music service work.
"Both streaming music and Twitter itself have a real affinity with people's mobile experience, so I think it makes a lot of sense for Twitter to experiment with offering a core value added service like this," he said. "But Twitter's social engagement model is not as effective as Facebook's for powering social recommendations, so it will be interesting to see whether Twitter can gain enough differentiation and enough of a market foothold to compete with the existing streaming music services and widely rumored future offerings from Google and Facebook."
Twitter launched a website called music.twitter.com, which notes it's the Web version of the Trending Music App. Twitter is expected to launch a music service as soon as today.
Sharon Gaudin covers the Internet and Web 2.0, emerging technologies, and desktop and laptop chips for Computerworld. Follow Sharon on Twitter at @sgaudin, on Google+ or subscribe to Sharon's RSS feed. Her email address is firstname.lastname@example.org.
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