Report: MySpace Announces Music Service
April 3, 2008, 16 years ago
The following report is courtesy of Antony Bruno from Billboard.biz:
As expected, MySpace today officially announced its MySpace Music service. The move clears up much of the speculation and conflicting reports surrounding the much-rumored launch, but not all.
Set in stone are the participants. All major labels save EMI Music Group are onboard, having finalized licensing deals as late as last night. EMI is expected to come to an agreement soon. Its absence is blamed primarily on the changing management structure of the company. EMI just Wednesday named a new digital business president, who will start April 28.
Exactly what the service offers, and for how much, and when, is still a bit unclear. But the service is no mere download store, but rather a range of functionality that spans various areas of the MySpace social network—including a MySpace Music homepage, artist profile pages, and individual member profiles. The service will offer DRM-free downloads, free audio and video streaming supported by advertising, a mobile storefront powered by Jamba (owned by sister company Fox Mobile Entertainment) and “various sponsorship solutions.”
MySpace members will have the ability to personalize all their music content, from creating playlists to personalized storefronts, and stream songs in full from their profiles, as well as place links to buy tracks from their favorite artists.
Read more here.
