WHEN: Wednesday, August 31st

WHERE: CNBC's "Fast Money Halftime Report"

Following is the unofficial transcript of breaking news from CNBC's Jon Fortt. All references must be sourced to CNBC.

JON FORTT: SCOTT YES INDEED NEXT MONTH IS GOING TO BE A BIG ONE FOR MUSIC I'M HEARING FROM SOMEONE FAMILIAR WITH THE PLANS THAT FACEBOOK PLANS TO LAUNCH ITS LONG RUMORED MUSIC SERVICE AT THE F8 CONFERENCE ON SEPTEMBER 22ND. NOW, IT SEEMS LIKELY THAT FACEBOOK WON'T ACTUALLY HOST THE MUSIC, BUT WILL PARTNER WITH OTHERS WHO DO THAT. BUT FACEBOOK TO LAUNCH THEIR MUSIC PLATFORM AT THE F8 CONFERENCE ON SEPTEMBER 22ND.

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