Is it possible to stream to iTunes from a Time Machine backup?

I have recently bought a Time Machine-enabled NAS (WD My Book Live) and I configured a share to use it as my Time Machine backup. That share is also set up as a media server, and going to iTunes, it correctly shows under the Shared libraries section.

The library it is, however, empty. I was wondering: is it possible to backup my iTunes music library using Time Machine and stream music from that same backup? It looks like that if I manually copy some music on the hard drive I can access it under iTunes, but I cannot see those same files if they were backed up with TM, although I can navigate to them in the finder.

Anybody knows if this is possible?

 

Thanks. Then I shall use a separate backup system for my iTunes library I guess.

 

Well, I can see the conceptual difference; however, I fail to see the problem if what I was trying to do worked as I wished: I would add music to my main iTunes library, which would automatically be backed up on the NAS; my other devices in the house could then use the backed up library to stream (i.e. read-only) music.

What if one device failed? No problem, because I have the other copy, that's the whole point of the backup.

Now, however, to achieve this goal, I will have to manually back my library up in a non-Timemachine-y folder. This will make me slightly more prone to data-loss as I have to consciously remember to backup (which we all know, we mostly forget).

 

Yes, many reasons.

First of all, the library is on a USB external HD: I may not want it wired all the time to my main computer (I might need the USB port for something else, etc.).

Secondly, my main computer is a laptop: I could be away with my laptop, but I would still like the rest of my house to be able to stream the music from the library.