Microsoft is set to unveil a sneaky preview of its upcoming service at this year's E3 that will replace Zune, according to unknown sources familiar with company plans. The new service, code named Woodstock, will add a few more nails to the Zune coffin and continue Microsoft's move from the Zune brand to either the Windows or Xbox umbrella. The sources also revealed that the service replacing Zune will support multiple platforms, including: Windows 8, Xbox, Android, and iOS. No word on what's planned for Windows Phone.
Much like the current music streaming service, Woodstock will feature browser playback. As well as not requiring any browser plugins, it is reported that the plan is to integrate the service into Facebook, enabling friends to build group playlists and share music. Similar matching functionality, much like iTunes Match, is also being tested that will allow users to identify existing music tracks on the service. It is expected to launch later in 2012. Unfortunately, no details surrounding pricing has arisen yet, but we'd expect it to compete with other services available on the market.
Source: The Verge; thanks everyone who tipped us!