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
To read the new issue of Rolling Stone online, plus the entire RS archive: Click Here
-
-
MOVIES 'Star Trek' Is Crazy Good -
-
POLITICS No Price Big Banks Can't Fix
Picks From Around the Web
blog comments powered by Disqus
Daily Newsletter
X
We may use your e-mail address to send you the newsletter and offers that may interest you, on behalf of Rolling Stone and its partners. For more information please read our Privacy Policy.
Most Popular
Photos & Videos
Go To Content
Random Notes: Hottest Rock Pictures
Go To Content
Gallery: Summer Tour Preview 2013
