MySpace Creates Music Service To Rival iTunes

Published: 2008-04-07
Social networking site MySpace has just announced, in conjunction with major record companies Universal Music Group, Warner Music Group and Sony BMG Music Entertainment, the launch of an online music service with both free and paid elements.

Set to rival Apple's iTunes spot in the Internet music market, MySpace Music was made public last Thursday, April 3rd and will be adding to the already burgeoning music selection that the networking site is well known for. Its new features will be incorporated into the "musicians" profiles that already exist as well as any new ones that want to take advantage of the service.

MySpace Music will not only sell music, but ringtones, concert tickets and merchandise. The digital audio downloads are set to be free of digital rights management (DRM) technology so that those who purchase downloads will be able to make copies of what they buy without any restrictions. In addition, free streaming of songs and music videos will be available to MySpace users as a result of the revenue the service expects from advertising and the sales of goods offered on the website.

There is no exact date for the complete launch of MySpace Music; rather it will gradually be introduced and integrated into the website and musicians' profiles with new commercial features within the next three to four months.

Writer: Stephanie Ng Wan



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