Slash LaneThe News Corp.-owned social networking super-site, which maintains over 300 million user accounts, has held talks with all four of the major record labels in recent weeks, the financial paper said.
The service, tentatively dubbed MySpace Music, would reportedly offer both a free ad-supported streaming music model and paid MP3 downloads, which could be played on any digital music player, including Apple's iPod.
In its report, the Journal speculates that MySpace's recent partnership with online video service Hulu, a joint venture between NBC Universal and News Corp.'s Fox unit, could serve as an example of how the networking site would implement a music service.
However, the paper notes that Universal Music and MySpace are locked in a copyright-infringement lawsuit that would most likely need to be settled before any agreement could be reached on a new service.
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MySpace is looking to distinguish itself from encroaching competitors such as Facebook by launching an online music service that would offer both streaming and iPod-compatible downloads, according to the Wall Street Journal.
The News Corp.-owned social networking super-site, which maintains over 300 million user accounts, has held talks with all four of the major record labels in recent weeks, the financial paper said.
The service, tentatively dubbed MySpace Music, would reportedly offer both a free ad-supported streaming music model and paid MP3 downloads, which could be played on any digital music player, including Apple's iPod.
In its report, the Journal speculates that MySpace's recent partnership with online video service Hulu, a joint venture between NBC Universal and News Corp.'s Fox unit, could serve as an example of how the networking site would implement a music service.
However, the paper notes that Universal Music and MySpace are locked in a copyright-infringement lawsuit that would most likely need to be settled before any agreement could be reached on a new service.
Thanks for the repost of what's in the jounal.
Now get us some NEW information please.....
Thanks for the repost of what's in the jounal.
Now get us some NEW information please.....
Well not everyone buys or reads the Journal!!!! Thanks AI, still interesting to know.
Thanks for the repost of what's in the jounal.
Now get us some NEW information please.....
I on the other hand thank you AI.
I had not heard this yet and I appreciate you bringing it to my attention through one RSS feed that covers almost all my Mac and related interests without having to check in 40 different places.
Forget Universal, this would be great for independents. Many small bands and musicians already use MySpace to communicate with their fans. It would be great if they could also sell their music at the same time.
Another music service? Is that what we really need? I don't think so.
Non-issue. Nothing to see here. Move along.