The present disclosure provides a live stream processing method, apparatus and system, electronic device and a storage medium. The first electronic device acquires target song information provided by second electronic device, and the target song information at least includes a target song identifier. Afterwards, the first electronic device plays the accompaniment audio synchronously with the second electronic device according to a target song identifier when the notification information is received, that is, when the second electronic device plays the accompaniment audio of the target song, and the first electronic device acquires the singing audio sent by the second electronic device through a server. Finally, the first electronic device takes the played accompaniment audio and the singing audio as a live stream and sends the live stream to the server.