Zune for Windows 8

Windows 8 is still downloading for me, so I don't have the hand on yet. But does anyone know what the status on a Zune replacement is? I was reading through the liveblog and one screen showed something that looked like Zune, but I can't find any mention of it anywhere.

http://images.scribblelive.com/2012/2/29/8e37f80d-753f-4afd-ba4c-5daa8acd7768.jpg

Anyone know if there is indeed a Zune replacement in Windows 8?