MySpace Music Launches, No Audio Ads for Now
MySpace Music, the new music service from the social networking site, launched in the USA on September 24 and will launch in the UK soon. How do you listen to music online now? A dollar a download? A limited number of song plays a month? A stream of music with a limited number of “skip this track”s? And your music videos—YouTube, maybe even bootlegs, right?
Just shy of six months after the announcement of an iTunes rival, MySpace Music launches, falling into none of the above categories. The new service allows artists to upload their entire back catalogues onto their MySpace profiles for streaming. Users, meanwhile, can post up to ten songs on their own profiles for visitors to listen to, and up to 100 for personal listening. Songs can be clicked on to be downloaded via Amazon.com.
The initial announcement said MySpace was working on legal agreements with the major record labels, and it looks like they worked out. Financial Times reports that “The big three labels – Vivendi’s Universal Music Group, Sony BMG and Warner Music Group – together own about 40 per cent of MySpace Music joint venture” and EMI joined “at the last minute.” FT also says that MySpace CEO Chris DeWolfe wants MySpace Music “to be the biggest music catalogue in the world.”
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