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MySpace Friends Three Major Labels, Readies Launch of Music Service

April 3, 2008 12:25 PM ET

Looking to compete with digital services like iTunes and Amazon — as well as fend off Facebook's increasing popularity — MySpace announced today that it has deals in place with Sony BMG, Universal and Warner to create MySpace Music, a digital music service that will sell downloads, stream ad-supported music and videos and serve as a storefront to physical goods and concert tickets. The move is in response to Facebook's hookup with iTunes via the iLike feature, allowing users to purchase and stream music, post play lists and update concert information. By striking deals with three of the four major labels (only EMI has not signed on), MySpace Music boasts "the most comprehensive catalogue of music content available online." The service anticipates launching "in the coming months."

Related Stories:
MySpace Plans New Digital Music Service, EMI Plans New MySpace
SonyBMG Sends MySpace a Friend Request, MySpace Accepts
Facebook Ponders Expansion into Music

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Song Stories

“Long Walk Home”

Bruce Springsteen | 2007

When the subject of this mournful song returns home, he hardly recognizes his town. Springsteen told Rolling Stone the alienation the man feels is a metaphor for life in a politically altered post-9/11 America. “Who would have ever thought we’d live in a country without habeas corpus?” he said. “That’s Orwellian. That’s what political hysteria is about and how effective it is. I felt it in myself. You get frightened for your family, for your home. And you realize how countries can move way off course, very far from democratic ideals.”

More Song Stories entries »
 
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