MySpace courts music labels
Social networking website MySpace is close to launching an online music service that is expected to partner News Corp. with the major labels.Rival website Facebook has reportedly also begun negotiations with the major music labels as the social networking giants battle to win a share of the digital music market.
They may also include links to digital music stores, such as Apple’s iTunes or the record labels’ own online sales operations, to allow users to purchase tracks.
SOURCE:VARIETY.COM
LINK:MYSPACE
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